NewsLocal News

Actions

Report: Sweetwater Union High School District incorrectly reported debt

KGTV-Default-Image_1280x720.png
Posted at 9:40 AM, Apr 30, 2019
and last updated 2019-04-30 14:24:24-04

CHULA VISTA, Calif. (KGTV) – San Diego County Office of Education officials said the Sweetwater Union High School District has again reported incorrect information about its finances.

The San Diego Union-Tribune reported that the COE sent a letter to Sweetwater Unified notifying them that the district is expected to end the school year with $20 million to $23 million in borrowing debt.

According to the U-T, the letter states the debt is more than double the amount that the district originally reported.

RELATED: State fiscal team reviews Sweetwater District's finances

Despite a smaller estimate, COE officials said Sweetwater Unified is still in violation of codes, adding the district must pay off its debts by the end of the fiscal year.

Sweetwater Unified spokesman Manny Rubio told the U-T that the district disagrees with the county’s estimate. He insisted that Sweetwaer Unified has made progress when it comes to repairing and reporting its finances.

In March, the district approved a “Fiscal Stabilization Plan” aimed at recovering from years of financial turmoil. With the plan, district officials said they believe their budget issues can be rectified within two years.

RELATED: Sweetwater District approves recovery plan to balance budget

Within the past six months, the district has faced an independent audit and has either let go off or offered early retirement to numerous district workers and educators.

Click here to view a timeline of the Sweetwater Union High School District's budget problems