Emery Unified School District May Not Meet Its Financial Obligations
Just after the Emery School District finally pulled itself out of State receivership and seemed to be on better fiscal footing, the California Department of Education now says Emery is once again a bad bet. The Department released its first interim status report for fiscal year 2010-11 and Emery School District is on the list of "qualified certifications", those districts that have been red flagged for internal financial problems such that its financial obligations might not be met. Emery Unified joins 96 other school districts statewide on the watch list, nearly 10% of the total school districts in California.
Last November's Measure J Emeryville school bond vote provides funds for building a new school and those monies are off limits for operational expenses.
The State looked at school districts forward through fiscal year 2013 for the watch list.
In California there are 977 school districts made up of 560 Elementary districts, 87 High School districts, 330 Unified districts.
For the report, click here: State Interim Status Report