Were going to sink again Fresh out of receivership, OUSD receives sobering budget update

The Oakland Unified School District faces a severe budget crisis, as the unrestricted general fund has dropped from a projected $22 million to just $6 million. Chief business officer Lisa Grant-Dawson emphasized that the district must prioritize cost reductions to avoid becoming insolvent. The board must direct the finance department by the Oct. 8 meeting to prepare necessary budget adjustments. Key factors contributing to this decline include new bargaining agreements, increased special education funding, and a $2 million revenue loss from lower attendance rates.

Board members discussed potential cuts, with President Jennifer Brouhard seeking input on what should remain protected. Community engagement sessions are set to take place this fall to involve residents in the budgeting process. Grant-Dawson warned of possible future federal funding cuts, despite recent relief from the Trump Administration's threats. The situation remains urgent as the district aims to ensure financial stability after recently emerging from state receivership.