The Oakland Unified School District forecasts that rising expenses and slowing revenue will lead to a general fund deficit of $23.7 million in the current fiscal year.
“We have higher costs and insufficient revenue to sustain those costs,” Chief Business Officer Lisa Grant-Dawson said in a statement Friday. “As a result, there are many tough decisions looming on the horizon.”
Continue reading for FREE
This is NOT a paywall. We just want to make sure you’re a human. Sign in to read this story and receive the weekly roundup in your inbox.
Success! Your account was created and you’re signed in.
Please visit My Account to manage your account.