User:Edinglewood.123/Inglewood Unified School District

Inglewood Unified School District (IUSD):
Serving the community for over a century, IUSD has undergone significant challenges, notably highlighted in the legislative intervention of Senate Bill 533 (SB 533) in 2012.

Fiscal Crisis and Legislative Intervention:
On September 14, 2012, the Governor sanctioned SB 533 to address the pressing financial issues within IUSD. The legislation accompanied by a state-approved emergency appropriation of $55 million, aimed to prevent fiscal insolvency, ensuring the district's ability to meet its financial obligations. The bill mandate the development of assessment and improvement plans for the district, with an annual comprehensive review conducted by the Fiscal Crisis and Management Assistance Team (FCMAT). IUSD bears 100% of the costs associated with implementing the FCMAT review. Additionally, SB 533 appropriated $29,000,000 from General Fund as an emergency loan, specifying the procedures for repayment.

The fiscal crisis stemmed from several factors, which included the overstatement of average daily attendance (ADA), understatement of California State Teachers' Retirement System payments, inaccuracies in certified salary expenses, continued deficit spending, and a decline in enrollment.

Enrollment Challenges:
IUSD has dealt with a persistent decline in enrollment, experiencing a substantial decrease of approximately 10, 341 students (57.5%) since its peak in 2003-04 academic year, with an additional 322 students leaving in the 2021-22 school year.

The district's first interim report for the 2021-22 academic year showcased further enrollment reductions, estimating decreases of 536 and 310 students for the 2022-23 and 2023-24 school year, respectively. This would result in an anticipated enrollment of approximately 7,092 students in 2022-23 and 6,782 in 2023-24.