Posts tagged fiscal penalties

Sacramento schools again at risk of financial distress with enrollment declines, new contracts
April 26, 2022 // Sacramento City Unified School District is again facing financial distress just weeks after it approved labor agreements to end its eight-day teacher strike, Sacramento county education officials said last week. The Sacramento Office of Education gave the district's budget a negative certification, stating the contracts and the strike itself would cost the district millions of dollars and could threaten insolvency.