FCMAT Progress Reports

The Fiscal Crisis and Management Assistance Team’s (FCMAT’s) primary mission is to help California’s local K-14 educational agencies identify, prevent and resolve financial, operational and data management challenges by providing management assistance and professional learning opportunities. FCMAT was created by Assembly Bill (AB) 1200 in 1991 to help LEAs meet and maintain their financial obligations. AB 1200 also provided a framework for county offices of education and school districts to work together locally to improve fiscal procedures and accountability standards. 

 

On September 17, 2018 AB 1840 was signed into law. This legislation changed how fiscally insolvent districts are administered once an emergency appropriation has been made, shifting the former state-centric system to be more consistent with the principles of local control, and assigning new responsibilities to FCMAT associated with the process. As a result of this legislation, the Los Angeles County Office of Education (LACOE) began to provide direct support. In collaboration with FCMAT, LACOE supports IUSD to address areas of concern and return the District back to local control by the IUSD governing board.