Source: New York Post
The nation’s second-largest school district is staring down a financial disaster. County officials have warned Los Angeles Unified School District (LAUSD) could run out of cash within two years, despite repeated assurances to parents that schools will continue operating as normal. LAUSD has been given 45 days to overhaul its budget after the Los Angeles County Office of Education concluded the district is headed toward insolvency, with projections showing its cash balance plunging $231 million into the red by November 2027, leaving it unable to make payroll.
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