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Title : Sweetwater Schools Financial Problems Became Political Cudgel | tultican
link : Sweetwater Schools Financial Problems Became Political Cudgel | tultican
Sweetwater Schools Financial Problems Became Political Cudgel | tultican
Sweetwater Schools Financial Problems Became Political Cudgel | tulticanSweetwater Schools Financial Problems Became Political Cudgel
The newly hired Chief Financial Officer of Sweetwater Union High School District (SUHSD), Jenny Salkeld, discovered a significant problem with the budget she inherited. She presented her findings to the Sweetwater leadership team in early September which forwarded her report onto the County Office of Education (COE). The SUHSD board also called in all bargaining units to suspend contract negotiations and inform them of the budgetary uncertainties. Sensationalism and subterfuge became the new reality in Chula Vista, California.
An October San Diego Union article reported,
“On June 25, the school board approved a budget for this school year that assumed the district had spent $328 million in unrestricted funding last school year and had $17 million in reserves going into this school year. In September, Salkeld presented a report showing that the district actually had spent $20 million more than that and started this school year with a negative reserve balance of $4 million.
“On top of spending more than previously estimated, the district received $6 million less in one-time state funding than it had expected.”
After receiving Sweetwater’s alert about the accounting errors, the COE officially disapproved the 2018-19 budget the district had submitted. The reasons for disapproving the budget were the reasons Salkeld had reported. The county’s CONTINUE READING: Sweetwater Schools Financial Problems Became Political Cudgel | tultican
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