Oakland school district officials have been given a wake-up call by county officials about a looming budget crisis that could spell disaster if it isn't addressed soon.
Oakland school district officials have been given a wake-up call by county officials about a looming budget crisis that could spell disaster if it isn't addressed soon.The Alameda County Superintendent of Schools issued a stark warning to the Oakland Unified School District earlier this week, urging immediate financial action to avoid a potential bankruptcy. District officials estimate a $95.7 million deficit for the next school year that starts in the Fall of 2025.
'We probably tried to spend on too many priorities. And all of these things together forced us to adjust the budget going forward.'Hutchinson noted that the school board must act quickly. If the board does not approve a budget adjustment package in February, it could trigger a series of negative consequences, including being locked into the current budget and facing an even steeper financial decline.OUSD has a troubled financial history.
Education Oakland Alameda County
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