Phil Stover is the guy who has to put the San Diego Unified School District board’s decisions to work. He’s also the guy who has to answer the phone when Wall Street calls worried that a board members thinks the district is already insolvent.
Last week, school board Vice President Scott Barnett announced that he believes the district is insolvent, since it doesn’t have enough money to pay next year’s bills without laying off more than 1,600 staff. Barnett called on his colleagues on the board to rescind those layoffs, a move that would trigger insolvency and result in a takeover of the district by a state-appointed administrator.
Since the announcement, Stover said his phone has been ringing off the hook.