Audit blasts Sac City Unified for budget mismanagement, warns of possible state takeover
The financial clock is winding down for the Sacramento City Unified School District.
An independent fiscal manager warned late Thursday that if the district fails to plug a $30 million budget hole, it could trigger a takeover by the state in six months.
The Fiscal Crisis and Management Assistance Team, a state-created financial adviser for school districts, faulted the district in an audit report for past mismanagement, communication failures, inexperienced staff and a staffing budget that could hinder its ability to solve the lingering budget problem.
The report concluded the district was at a high risk of insolvency by November 2019 and “without action, state intervention is certain.” CONTINUE READING:Audit scolds Sac City Unified over $30 million deficit | The Sacramento Bee
Sacramento City School District Rejects Teachers Association Budget Proposal « CBS Sacramento - https://cbsloc.al/2QPNtSk on /cbssacramento
Sacramento District Running Out of Money Denies Budget Proposal « CBS Sacramento - https://cbsloc.al/2Bloc8B on /cbssacramento
