IUSD Asset Management Advisory Committee Meeting Tuesday, March 17, 2026 @ 5:00 p.m.

The IUSD Asset Management Advisory Committee met on March 17, 2026, to discuss the management and future use of district properties, including the former Highland and Kelso school sites. The committee reviewed and amended reports recommending that staff engage with sports and entertainment organizations such as LA28, NBA, WNBA, and FIFA to explore revenue-generating opportunities from district assets. They also reached consensus to exclude data centers from potential leasing or development opportunities due to community concerns. Financial discussions focused on the district's state loan, deficit spending, and the importance of maintaining reserves to ensure fiscal stability and eventual exit from receiverhip. The committee emphasized transparency in how lease revenues are used, particularly advocating that funds from leases be directed toward teacher and staff salary increases. Additionally, the city of Inglewood presented updates on its general plan and community development projects, highlighting youth-oriented initiatives and workforce housing. Public comments urged prioritizing student outcomes in property decisions and responsible use of lease revenues. The committee scheduled a public hearing for further input on the asset management recommendations at the next meeting.