Grand Jury Warns Stockton Unified is Headed for “Dire” Financial Situation
The San Joaquin County Grand Jury released a scathing report Friday that called for better financial oversight and management of the Stockton Unified School District to avoid fiscal calamity.
“With deficits approaching $30 million per year by fiscal year 2024-25, the financial forecast for Stockton Unified School District is dire,” the Grand Jury said.
The report cited rapid turnover and a reliance on temporary funds as further evidence the district is moving in the wrong direction. If an upcoming audit finds fiscal mismanagement, misuse or insolvency, the district could come under state receivership.
In a report last year, the Grand Jury faulted school board trustees for a “revolving door” of superintendents. SUSD’s last superintendent John Ramirez Jr. resigned just this month.
Read more about the latest Grand Jury report here.