Posted inLocal News

Oakland Unified at high risk of insolvency despite $76M in cuts, state report warns

OAKLAND UNIFIED SCHOOL DISTRICT remains at high risk of fiscal insolvency despite recent budget cuts, according to a state financial assessment. Last week, the Fiscal Crisis and Management Assistance Team (FCMAT) released a financial analysis that found the Oakland school district is at a high risk of fiscal insolvency due to ongoing structural deficits and […]

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