SACRAMENTO, Calif. — Sacramento City Unified leaders say there may be a path forward as the district works to avoid insolvency and a possible state takeover.
The tone has shifted from frustration last week to cautious optimism, with officials signaling the district may be inching toward a plan to stabilize its finances.
Board members say there is now a clearer path to avoid insolvency and possibly a state takeover. New numbers show the district no longer expects to run out of cash. Staff say Sacramento City Unified should finish with just over $3 million in cash on hand while still carrying a significant deficit…