By Bob Walsh
The Oakland (CA) Unified School District, which has only
earlier this year got out from under the requirements of a state bailout
from a 2003 bankruptcy, may very well be heading in that direction
again.
The district is
about $100 million behind the 8 ball, which is about 20% of their yearly
operating budget' for the 26-27 budget year. The district has prepared
two plans to deal with the shortfall. One pencils out at $21.8
million. The second one is even smaller. The district is demanding
that any plans do not close or merge ANY schools and do not cut any
school resources or student-facing roles.
Oakland
has been overspending by about $4 million per month lately. They have
been covering by spending Covid relief funds, which were generous during
the Biden administration.
Oakland
joins the Sacramento, San Francisco and Hayward school district in
being in deep financial trouble to the point where they may face
takeover by the state. They have pretty much run out of pixie dust and
unicorn turds and are now facing actual cuts in actual programs. Of
course the product they are turning out (reasonably well educated
students) has been deteriorating massively over recent years and it
can't all be blamed on Covid. Maybe they NEED to hit bottom before the
reality of the situation finally hits them in the face.
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