Waste Watch — Oakland School District Still Overspending After All These Years
In 2003, Oakland Unified School District went into state receivership. In other words, it went bankrupt, and the state had to bail it out. Today, the school district is still under state control and, incredibly, continues to experience financial problems. Given Oakland Unified School District’s history of scandals and fiscal mismanagement, it comes as no surprise it is still in financial chaos. Unfortunately, taxpayers have been footing the bill for the district’s incompetence and ill-advised financial moves. According to the Oakland Tribune (July 7, 2008), “Five years after the state assumed control of the nearly bankrupt Oakland school system, the district’s finances remain on shaky ground, an investigation by the Alameda County Civil Grand Jury has concluded.” The article continues, “The brief report…… Read More