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State fiscal team flags SFUSD at high risk; board hears plan to align staffing with enrollment
Summary
FCMAT presented a fiscal health risk analysis that identified material weaknesses and urged immediate action on budget monitoring, enrollment projections, OPEB funding and staff alignment; board and staff discussed multiyear projections and short- and long-term steps.
A team from the state’s Fiscal Crisis & Management Assistance Team (FCMAT) told the San Francisco Board of Education that the district’s finances show signs of structural stress and material weaknesses that elevate its risk of insolvency unless more aggressive, sustained actions are taken.
John Von Flue, FCMAT chief analyst, described the review methodology and key findings: “We found a risk score of 38.4 percent for the district,” he said, and added that certain material weaknesses — including deficit spending, weak budget…
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