#fiscal-solvency

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fromThe Oaklandside
5 hours ago

Alameda County turns up the heat on OUSD to balance its budget

Three months after OUSD exited state receivership, Alysse Castro, the Alameda County superintendent, is upping pressure on district leaders to balance the budget, pointing to continued deficit spending and depleted reserves. She said that by Oct. 1, OUSD must provide the county a target amount of spending reductions for the 2025-2026 school year that accounts for recent budget projections. Separately, interim superintendent Denise Saddler has asked the board to give direction to the district's finance team by Oct. 8
Education
US politics
fromFortune
6 days ago

Trump's social security chief says 'everything' is on the table and retirement is about to get a 'different set of rules' | Fortune

Social Security is projected to become insolvent by 2032 unless policymakers enact reforms like raising retirement age, increasing taxes, or adjusting benefits.
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