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Parents, unions press Hacienda la Puente board on FCMAT'flagged financial risks; district staff outline response plan
Summary
Union leaders and community members raised alarms over a recent FCMAT assessment that flagged fiscal risk and projected sharp declines in reserves, pressing the board for transparency and a concrete recovery plan; district staff said responsive plans will be delivered by month-end and highlighted current reserves.
Trustees, union leaders and dozens of community speakers spent the meeting's public comment period pressing Hacienda la Puente Unified School District officials for clearer answers about a recent FCMAT (Fiscal Crisis & Management Assistance Team) report that rates the district at high fiscal risk.
At the meeting, Margaret Caldera, chapter president of the California School Employees Association, cited the FCMAT report and said the district's unrestricted general fund could fall from roughly $75 million to $10 million over three years if corrective action is not taken. "The report shows the…
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