The Oakland Unified School District board has approved its budget for 2025-2026, but concerns about insolvency loom if spending is not overhauled. With the district exiting state receivership, new pressures for accountability have emerged, especially from community groups. Chief business officer Lisa Grant-Dawson highlighted an ongoing structural deficit and the challenges the board faces without additional oversight. Despite a slight reserve above state requirements, financial constraints leave minimal discretionary funds, raising alarms about sustainability and the risk of unforeseen expenses.
"Your people are relying on you. As of July 1, it's on you. You won't have the county, the Department of Finance, [Fiscal Crisis and Management Assistance Team]."
"To show that there is $329,182 left in the district above our reserve in next year's budget shows we have no money left."
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