Posts by Tag: reserve

Will OUSD Have Another Round of Midyear Cuts?

The number one question our network has been asking this fall is whether or not schools should expect to see another round of midyear cuts. The good news is that as of last night, the answer appears to be that they should not be expecting cuts to their 18-19 budgets.

Marc’s February Budget Update

Marc offers the latest on OUSD budget developments, including newly adopted policies and the most recent budget presentations.

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.

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

OUSD: PROTECT STUDENTS AND RIGHT THE SHIP

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.

Budget Chronicles: Reserve Policy—What’s in it for me?

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.

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