But the district’s perilous budget will necessitate significant spending cuts and school closures
The San Francisco Unified School District is projected to run out of cash by 2025, which state auditors said will necessitate significant spending cuts and school closures .An audit by state fiscal monitors released last week revealed that SFUSD will need to lay off more than 300 employees by the end of the month and move forward with closing schools to avoid bankruptcy, all as the district projects a $420 million deficit next year.
Fine’s group prepared the audit, which effectively triggered state oversight of San Francisco public schools’ fiscal management. The district is spending more money than it has, he said, and will now have to make “difficult decisions” because of that. School board President Lainie Motamedi said she welcomes the partnership with the California Department of Education.
Cecil Williams archive arrives at SF Library ahead of memorial Sixty years of documents from Williams' GlLIDE tenure are now on display at the main branch “This is bad,” he said. “To budget ineffectively is a moral failing. Nobody wants their things cut. We are a well-resourced district, but we’ve been doing a bad job for a long time, and there’s going to be a lot of pain that will come.”
SFUSD is no stranger to the threat of a takeover by California officials, but district employees said SFUSD’s mismanagement of finances led The City’s schools to this perilous position.
San Francisco Public Schools California Department Of Education School Budget School Closures Sfusd Board Of Education Sfusd Budget
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