Question : Is there a step between the county advisor and the state takeover?
Response: A fiscal advisor can be placed in a district by the County Superintendent, in consultation with the SPI, if it is determined that a district will be unable to meet its financial obligations for the current or subsequent fiscal year. The County Superintendent and/or the fiscal advisor assigned by the county may do any or all of the following:
· Develop and impose, in consultation with the SPI and the governing board, a budget revision.
· Stay or rescind any action that is determined to be inconsistent with the school district’s ability to meet its obligations for the current or subsequent fiscal year.
· Assist in developing, in consultation with the governing board of the school district, a financial plan that will enable the district to meet its future obligations.
· Assist in developing, in consultation with the governing board of the school district, a budget for the subsequent fiscal year.
· As necessary, appoint a fiscal advisor to perform any or all of the duties required of the County Superintendent under EC 42127.6(e).
On the other hand, the state takes control of a distrct when the district has a cash flow issue serious enough to request a loan from the state, to be paid back over a period of years. The SPI then assumes responsibilty for the district and appoints a state administrator to assume all superintendent and board duties.
06/27/06
