From the Reporter |
The Rub |
Top San Diego Unified School District leaders say they’re headed towards insolvency and blame the state. But while California has decimated local education funding over the last few years, the board’s own decision to spend, not save, Sacramento’s imaginary money is one in a series of decisions that has helped move it towards that precipice. |
The Decision |
The San Diego Unified School Board had a decision to make this summer: Spend the money based on the state’s optimistic advice or hold off in case the money didn’t come through. |
What It Did |
Despite advice to the contrary from the district CFO and districts’ financial consultant, the district committed the money. Now, three months later, it’s looking like the state won’t be able to deliver and district leaders say the resulting shortfall could send it off a financial cliff. |