Mayor Michael Bloomberg, Christine Quinn, Robert Jackson and UFT president Randy Weingarten reached agreement on compromise to the Mayor's third major school reorganization plan. Under the agreement, schools wont lose money during the next school year. That had been a major danger in the Bloomberg-Klein plan -- that the effect would be actual reductions in money available even as billions more are added the the education budget. In addition the UFT appears to have won concessions that may mitigate the incentive built into the reorganization which will encourage principals to shed higher paid senior teachers. Other crucial areas: class size, parent engagement, middle school reform etc. appear to be adjourned to later with precatory language. Community leaders who were at the announcement included: Director of the New York Immigration Coalition Chung-Wha Hong, NY ACORN Director Bertha Lewis, and Irania Sanchez representing the Coalition for Economic Justice and Make the Road by Walking. They were the ones clustered around the Working Families Party which, along with the UFT, put considerable resources into the anti-reorganization effort. . Consistent with the long Bloomberg-Klein hostility to parent groups, it appears that no leader of a Parent Association was present. The press announcment is here while press accounts from the New York Times and Daily News are here and here. As I see it, the deal may blunt some of the worst parts of Bloomberg-Klein reorganization, but leaves in place a system on contractors who will benefit from the Bloomberg-Klein largess. Will children ever do as well under this system as no-bid consultants? More later as the terms of the deal become clearer.