By Katy Murphy
Wednesday, January 25th, 2012 at 4:33 pm in local control.
Only eight California school districts have undergone state financial takeovers in the last 20 years after requesting large emergency loans from the state. Half of them have been from the Bay Area.
At 1 p.m. Friday afternoon, the State Assembly’s Select Committee on State School Financial Takeovers convenes a public hearing at Oakland City Hall to learn more about how the Emery, Oakland, Vallejo City, and West Contra Costa school districts fared (or have fared) in the process. The state lawmakers will be trying to determine what could have been done to prevent the fiscal crises — or to accelerate districts’ financial recoveries afterward.
Emery Unified emerged from state control last summer after making its last loan repayment. The other three Bay
