Marc offers the latest on OUSD budget developments, including newly adopted policies and the most recent budget presentations.
The first in a series of regular videos offered to provide quick, simple updates of what’s going on with Oakland public school budgets.
As you know, our team has been following OUSD’s budget crisis closely and advocating for OUSD to both protect students and right the ship (click here for in-depth coverage). Tonight, the Board of Education passed a resolution (6 to 1) directing the Superintendent to make $9.0 million in midyear budget adjustments, which will come from both the central office and school sites. District leadership believes this resolution, updated based on new financial information, is necessary for the following reasons.
It has been a really difficult time in Oakland education, with the current budget crisis having real impacts on both students and adults. I am writing to share a quick update on immediate issues
Oakland is entering a critical moment in the efforts to resolve OUSD’s budget crisis, and we urge the Board and district leaders to exercise the leadership and discipline it will take to right the ship and truly address the roots of the current budget problems. The outcomes of the next couple weeks cannot be more instability and more mid-year cuts while tinkering around the edges of broken systems.
When you live paycheck to paycheck, everything is an emergency. If you don’t have a rainy day fund and your car breaks down, then you have to either not use your car, or not do something else and get your car fixed. But the money has to come from somewhere.
Raise your hand if you have heard of the “Self-Insurance Fund?” I am guessing mostly crickets, but because this is in fact a budget blog there might be some hands. Why start here? Because it is an example of something that nearly nobody knows about which can actually can really hurt OUSD’s students.
Three key issues have appeared in the current OUSD fiscal crisis. All three issues are a little wonky and technical, but are actually critical to resolving OUSD finances. With this blog, we aim to give some very high level information on each key issue and offer links to a deeper dive post for each one.