Legislature Secures Millions in New Funding for Oakland Unified School District
Governor Signs AB 1840 to Help Stabilize School Budget
SACRAMENTO - Assemblymember Rob Bonta (D-Oakland) praised Governor Brown for signing AB 1840 which will deliver almost $35 million to the Oakland Unified School District to help stabilize its budget and protect students.
“OUSD has been making difficult but necessary decisions to stabilize its finances,” said Bonta. “However, despite these efforts, the District still forecasts the need for additional and even deeper cuts in the tens of millions of dollars over the next couple of years. These reductions would likely cause severe impacts to the District’s ability to effectively educate Oakland’s students.”
AB 1840 will provide emergency funding from the legislature to OUSD over three years. These added dollars will allow the district to make targeted reductions while maintaining its focus on providing a high-quality education to the District’s students.
Under AB 1840, the district will be required to develop short and long-term financial plans and have to meet certain conditions and benchmarks for fiscal recovery.
“This additional funding is a critical measure to help ensure our students receive the quality education they deserve,” said Bonta. “This much-needed fiscal relief will also help the Oakland Unified School District get on sound financial footing and continue its progress to fiscal solvency.”
“I’d like to thank my colleagues, Assemblymember Tony Thurmond and Senator Nancy Skinner, along with the State Department of Finance and the Governor’s Office for seeing the urgency and importance of this much-needed fiscal relief,” said Bonta.
Assemblymember Rob Bonta represents the 18th Assembly District, which includes Oakland, Alameda, and San Leandro and is the Assistant Majority Leader and Chair of the Asian Pacific Islander (API) Legislative Caucus.