Oakland Unified Loses Its CFO
Oakland Unified Chief Financial Officer Ofelia Roxas has stepped down after less than one year on the job. Her resignation comes at a critical juncture for OUSD, which just approved $20.2 million in budget cuts, more than 100 layoffs, and the elimination of its business officer position.
As EdSource reports, Roxas was supposed to work with the county intervention team on the launch of Alameda County’s “Intensive Assistance and Support Initiative.” The district is also in the midst of finalizing next year’s budget, which must be approved by the board next month.
“We’re in budget season right now, so nobody knows who’s doing the budget,” activist and OUSD critic Mike Hutchinson told EdSource. “We’ve reached the point now where this is complete chaos.”
That’s not true, said district spokesman John Sasaki. The district has “leadership in place to manage during the transition as we actively recruit an interim CFO who can work with our team over the coming year to continue to stabilize our processes,” he insists, and all aspects of the budget process are being adequately covered.
It’s unclear why Roxas, who was hired last July, decided to step down. Whoever her replacement is will be the fourth person to hold the job in two years.