The Oakland school district can keep family literacy and GED programs at 2010-11 levels next year if the school board gives back $900,000 that the school district administration has proposed taking away, Deputy Superintendent Vernon Hal told school board members in a memo posted on the Wednesday night agenda.
They could do that in two ways:
1) Reduce the district’s cash reserves from 3 percent to 2.8 percent, which would still be above the 2 percent minimum the state requires (earlier this month, a version of Hal’s proposal included a 2 percent reserve, but the state trustee recommended 3 percent, and so did some board members).
2) Take $900,000 of the $2.5 million (swiped) adult ed funding that has been set aside to pay off the district’s early retirement incentive in one fell swoop (along with other funds; the early retirement plan will cost OUSD an estimated $10.4 million). This option would mean the remaining $900,000 originally earmarked to pay for the plan would have to come from future budgets.
Hal made it clear in the memo, however, that he doesn’t think the board should make any changes to the budget. He says it wouldn’t make it to the county superintendent by July 1, and that the state trustee doesn’t recommend changes. But he suggested such changes — in funding allocations — can occur after the budget is submitted, saying the budget is “a living document.”
Do you agree with Hal? What should the board do?
You can read his entire memo here: