SAN FRANCISCO (S&P Global Ratings) June 11, 2021--S&P Global Ratings revised its outlook to stable from negative and affirmed its 'A-' rating on Oakland Unified School District, Calif.'s general obligation (GO) debt outstanding. "The outlook revision to stable reflects our view of the district's anticipated return to balanced operations and maintenance of reserves that we consider at least good," said S&P Global Ratings credit analyst Li Yang. We analyzed the district's environmental, social, and governance risks relative to its economy, management, financial measures, and debt and liability profile and determined that all are in line with our view of the sector standard. Although the district has had a history of high management turnover as well as a history of lacking
