Oakland Schools Project $8M Surplus

Oakland News Today | 2 Min News | The Daily News Now! · Jun 26, 2026 · 1m

Oakland Unified School District is on track for an eight million dollar budget surplus next year — a dramatic turnaround after years of deficits, including a one hundred million dollar gap closed through painful cuts. The key to this financial rebound? Another thirty million dollars in cuts this fall. While the board’s recent projection brings hope after hundreds of layoffs and program reductions, uncertainty remains over where those cuts will come from — especially as a new teacher contract with eleven to thirteen percent raises costs thirty-two million. District leaders say the fall cuts…