"One of the biggest school screw ups we've ever had."

Superintendent Jeremy Calles, previously the subject of disciplinary issues reported by State 48 News, is a paid consultant to Isaac School District facing a multimillion-dollar bailout or closure.

State and county officials convened an emergency meeting Tuesday, revealing the Isaac School District in Phoenix, Arizona, is drowning in $12.3 million of excess spending, a financial disaster demanding immediate action.

“If something doesn’t happen in the next two weeks, they (Isaac School District) will not make payroll. Teachers will be looking for jobs elsewhere or not showing up. Five-thousand families for a place to place their children.”

Tom Horne | Superintendent of Public Instruction | Arizona State Board of Education

Faced with limited options, the Arizona State Board of Education agreed the best option is to place the Isaac School District into receivership. The motion made by Tom Horne, Arizona Superintendent of Public Instruction, followed a fiery statement from the Maricopa County Treasurer who accused the Preschool-8th grade district of outright lying about its finances.

“I am very, very concerned that something much more heinous has been going on here and this is not just …