History of IDEA
Jeannie Oakes, Founder and Former Director
Youth Voice in School Finance
NEW REPORT: Los Angeles' road to A-G for all
Without Dollars and Sense Powerpoint
Past Educational Opportunity Reports
District edges toward state takeover
- 11-07-2011
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Blog by John Fensterwald/Educated Guess
Many school districts are worried about running out of money this year. San Diego Unified, the state’s second largest district, is openly talking about it. But surprisingly, given the financial pressures on all K-12 districts, only one district is in grave danger of insolvency: 12,000-student Inglewood Unified, southwest of Los Angeles. Last month, the board of the little-known but powerful state agency, the Fiscal Crisis and Management Assistance Team, or FCMAT, approved a declaration of fiscal emergency for Inglewood, the first step leading to the state issuing a loan and taking over the district. It’s a four- to six-month process, requiring the Legislature’s two-thirds majority approval, and it’s still possible that the district can stave off the equivalent of bankruptcy this year, but only with a series of “ifs” breaking its way: (more...)
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