Posts by Tag: FCMAT

OUSD’s Financial Challenges Persist

According to the most recent budget updates, OUSD is projected to end this school year below the state-mandated 2% reserve, partially due to an additional… Read More

OUSD Budget Update: Second Interim Financial Report

Last night, the Oakland Unified Board of Education heard a series of reports on the district’s finances. Overall, the district’s finances have moved in the right direction, but are still far from being on solid footing.

December 12: Midyear Budget Adjustment Update

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

No Room for Error: OUSD Mid-Year Adjustment Update

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?

Amending the Budget—But is it Enough?

In order to balance its books this year, OUSD will have to make some mid-year adjustments to the budget it adopted last June.

The current plan proposed in OUSD’s budget presentation for tonight’s school board meeting is to amend the current budget by $7.2 million. Of that amount, $1.2 million would be to bring the required reserve levels to the state minimum.

GO Board Watch: September 26, 2017

Welcome to GO’s School Board Watch for the meeting taking place Wednesday, September 27, 2017.
This week’s agenda includes:

Special Education Program Contractors
Intradistrict Enrollment… Read More

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