Oakland Unified School District Board of Education - Regular Meeting

Tuesday, September 15, 2026

The Oakland Unified School District Board of Education discussed the district's ongoing financial deficit and the unsustainability of current fund transfer strategies.

About this meeting

Government Body
Oakland Unified School District Board of Education
Meeting Type
Oakland Unified School District Board Of Education
Location
Oakland, CA
Meeting Date
September 15, 2026

Transcript

4 sections

0:00 – 0:14•Speaker 2

Si nous voulons démontrer que l'OUSD a réellement redressé sa situation financière, quelles preuves spécifiques dans les bilans non audités montrent qu'il s'agit d'une amélioration durable et non ponctuelle? Et non ponctuelle?

0:18 – 1:10•Speaker 1

Je vais répondre à cette question comme je l'ai fait précédemment. Ce n'est pas durable. I'm telling you, you have 91 million dollars of deficit for 2025-2026. We can't continue like this. We have to change our spending or get out of this situation. What we have done is that we were on the verge of no longer respecting our reserve requirements. Thanks to the efforts made this year for 2025-2026, we have spread this risk, haven't we? The majority, or rather a significant part of it, comes from transfers to restricted funds. There is a limit to the duration and amount of transfers to restricted funds. This strategy cannot therefore last indefinitely. We must change so that our expenses correspond better to our revenues and it is a job to do in a relatively near future.

1:13•Speaker 2

But wouldn't you say that before last school year, we did the opposite by using our restricted resources last year and our general funds first?

1:23 – 1:57•Speaker 1

No, I wouldn't say that. However, here's what I can say. Each plan A, B and C that we had to transfer funds from the non-restricted fund to the restricted fund, never as aggressively as during this last period. We did it more aggressively and we got more benefits C'est formidable car cela a soutenu notre fonds général non restreint, préservé nos réserves et permis de financer des éléments que nous n'aurions pu couvrir autrement. C'est simplement une stratégie qui ne peut pas durer indéfiniment. C'est tout.

This transcript was automatically generated from the official public meeting video and is presented unedited. It reflects remarks made on the public record by elected officials, staff, and public commenters. Transcript accuracy may vary; view the original recording for reference.