OAKLAND SCHOOL DISTRICT SITTING ON $37 MILLION BUDGET DEFICIT

Ten years ago the Oakland school district was so mismanaged, both educationally and fiscally, that the State of California had to take it over.  Now the district, which has not improved education or it financially condition, is in the same take over condition of years ago.

“The underlining reasons for the deficit is different that 14 years ago when accounting errors revealed soaring deficits at the school district. However, Wilson said the current shortfall is manageable, but will require significant budget decisions and cuts to remedy.

“Any time someone says ‘hard decisions,’ you know the hammer is going to be falling,” Oakland Education Association President Trish Gorham told the Chronicle.. “It’s a panic, run-on-the-bank kind of situation.”
Manageable?  As long as the cost of pensions rise, unions get the contracts they demand and the Board of Trustees is owned by special interests—none of which are education oriented, Oakland will still be a totally failed district.  Solution?  Turn all the schools into charter schools and allow the teachers, parents and educators run by the classroom—throw out the politicians.

Walton_High_School_New_Classroom

OAKLAND SCHOOL DISTRICT SITTING ON $37 MILLION BUDGET DEFICIT

Steven Tavares, East Bay Citizen,  1/3/17

OAKLAND | On his way out the door for a similar job in Washington D.C., Oakland Superintendent of Schools Antwan Wilson had some sobering news for the city’s chronically-struggling school district: A hemorrhaging budget deficit that could reach $37 million, according to a report Monday.

It’s been more than a decade after the Oakland school district was infamously bailed out by the state with a $100 million loan to settle similar deficits. That debt is still on the books and won’t be cured anytime soon, Wilson told the San Francisco Chronicle.

The underlining reasons for the deficit is different that 14 years ago when accounting errors revealed soaring deficits at the school district. However, Wilson said the current shortfall is manageable, but will require significant budget decisions and cuts to remedy.

“Any time someone says ‘hard decisions,’ you know the hammer is going to be falling,” Oakland Education Association President Trish Gorham told the Chronicle.. “It’s a panic, run-on-the-bank kind of situation.”

The current school board appeared unaware of the extent of the estimated budget shortfall, although district reserves have been often tapped, along with a 14 percent raise approved for teacher over the next three years, wrote the Chronicle.

 

About Stephen Frank

Stephen Frank is the publisher and editor of California Political News and Views. He speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows. He is a fulltime political consultant.

Speak Your Mind