Deadline looms, no NYC teacher evaluation deal

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Credit City of New York

(NEW YORK) New York City and its teachers' union have still not reached a deal on evaluations despite a Thursday deadline. 

The city stands to lose $450 million in state aid and grants if it does not submit an evaluation plan to New York state on time. Mayor Michael Bloomberg said Wednesday that he is "always hopeful." He said there has been "dialogue" with the United Federation of Teachers but he cannot read the tea leaves.  A union spokesman said talks are continuing. Each of the state's nearly 700 school districts was told to submit a plan for how to evaluate teachers by Jan. 17. New York City is one of a handful of districts that have not turned in a plan.

Copyright 2013 The Associated Press.