Posts by Tag: GFOA

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

Oakland School Board Adopts Nationally Recognized Budgeting Framework

As a former Oakland Unified principal, I know that our school district is not perfect. But my North Star as a leader – for my students, teachers, and the district as a whole – was always asking if we were improving and learning from our mistakes.

Last night, OUSD took a step toward meaningful, long-term financial improvement. In a 7-0 vote, the Oakland school board passed a resolution
naming that the district would adopt and implement the Smarter School Spending Framework, a financial framework endorsed by a nationally-recognized leader in public finance, the Government Finance Officers Association (GFOA).
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.

OUSD Budget Vote is IN

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.

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