Fiscal Solvency Crisis in the SB Elementary District

By Bob Noel

I call for a fiscal solvency audit of the SB Elementary District with an eye toward closing a school.

The Elementary District faces fiscal insolvency. The state's Fiscal Crisis Management and Assistance Team (FCMAT) should be brought in to conduct a "solvency audit." Major program cuts have been suggested, as has the possibility of closing a school.

These warnings came from the District's top financial officers: Assistant Superintendent for Business, Mary Stark, and Director of Fiscal Services, Robert Wolfe. Yet, two months have passed, and Ms Stark's recommendation has not even been discussed, let alone implemented.

The District wants to have this audit conducted by its own staff. I argue that outside eyes are needed-- a second opinion-- for the audit to have full credibility.