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
California poised to take over dozens of insolvent school districts
- 10-27-2011
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Blog by Michael Dunn/Modern School
110 California school districts are at risk of insolvency, compared with 37 five years ago, according to the Bay Citizen. Ironically, the distressed districts, which face expensive state takeovers, are distressed precisely because the state has slashed $21 billion from public education funding over the last three years (combined with declining revenue from property taxes and increasing costs). As federal stimulus funding dries up at the end of this school year, the number of districts going belly up is likely to grow. According to the Bay Citizen, many districts are draining their strategic reserve funds to survive another school year, which puts them at risk of going belly up the following year. (more...)
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