There has been much discussion regarding the SMMUSD’s financial performance.  The Board recently issued a statement noting that they have “Fortified our financial reserves, balanced our budget and Improved our credit rating.”  All good things.  Unfortunately, none of these outcomes are the result of proactive and prudent District financial management.  They are the result either of externally imposed financial oversight discipline or the ability to raise resident taxes. 

Read More: https://smmirror.com/2021/04/sma-r-t-column-smmusds-financial-performance-and-underlying-issues/