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.
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.
In the coming weeks, the Oakland school board will likely vote on over $15.1 million in mid-year budget adjustments for this current school year. While most Oaklanders rightly worry about the immediate impact on students, we should also be worried about possibility of returning to full state receivership.
This blog post is part of our continuing efforts to keep you in the loop about OUSD’s alarming mid-year budget adjustments. As we discussed previously, the district is at great risk of state intervention unless we make serious changes both in the short and long term.
So the most immediate questions for the district are: What is the final number? How disruptive will the adjustments be? And will it be enough?
Welcome to GO’s School Board Watch for the meeting taking place Wednesday, October 25, 2017.
This week’s agenda includes the following key items: