Oakland Unified School District’s budget is in even more trouble than was originally thought back when it was finalized in June, district officials announced this week.

When the final accounting for the district’s revenue and spending for 2024-25 was recently completed, it showed the “Unrestricted General Fund” balance dropped from $58.4 million to $55.8 million, which is this fiscal year’s starting point, according to an announcement from OUSD’s chief business officer Lisa Grant-Dawson.

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Kiley Russell writes primarily for Local News Matters on issues related to equity and the environment. A Bay Area native, he has lived most of his life in Oakland. He studied journalism at San Francisco State University, worked for the Associated Press and the former Contra Costa Times, among other outlets. He has covered everything from state legislatures, local governments, federal and state courts, crime, growth and development, political campaigns of various stripes, wildfires and the aftermath of Hurricane Katrina.