New York City's public schools over two years will lose $724 million in state aid and as many as 2,500 teachers through attrition, because of a labor union conflict over a teacher evaluation system, Mayor Michael Bloomberg said on Monday, Reuters reports. The schools lost $250 million of that total earlier this month after the city and United Federation of Teachers failed to agree on a way to evaluate teacher performance. City schools would lose that same baseline funding amount in the state's coming fiscal year, which begins April 1, plus another $224 million under the state budget proposed by...

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    staff and wire services reports