Actually, teachers are paid from the same pool of city money so making some cheaper than others to schools for hiring purposes is kind of ridiculous.
Hope some people get hired this time around with the subsidies..
This is from the Principal's Weekly.
Effective October 5, schools in districts 1-32 that hire Centrally-funded excessed teachers on a regular, permanent (not provisional) basis during the 2016–17 school year, will be eligible for an allocation to subsidize the cost of the teacher to the school. For each of the first three years that the teacher remains at the school, the school will receive the following allocations, reflected in the TO in Galaxy:
§ In Year 1 (FY 17), schools will receive funding for 100% of the cost of the teacher;
§ In Year 2 (FY 18), the funding will cover 50% of the cost of the teacher;
§ In Year 3 (FY 19), the funding will cover 25% of the cost of the teacher; and
§ In Year 4, the school is responsible for the full cost of the teacher.