Analysis: Six months later, financial warning to LA Unified unchanged
It’s one thing when LA Unified’s Chief Financial Officer appears before the school board and warns of budgetary troubles ahead, based on current projections and obligations. That’s her job. It’s quite another when a panel of outsiders, brought in to take a fresh look, reaches the same conclusions and expresses them in a hair-raising way...
By Michael Janofsky | November 9, 2015
Outside panel says LAUSD needs to act quickly to remain solvent
LA Unified is on the brink of a severe financial crisis and if officials don’t act now, the whole district could go bankrupt. That’s the overall conclusion of a report by an outside panel asked to look at the financial situation of LAUSD. Its findings are scheduled to be presented at the regular school board meeting...
By Mike Szymanski | November 6, 2015
High-powered secret panel examining LAUSD finances
* UPDATED A blue-ribbon panel of leading figures in education, politics and finance has been working behind the scenes to help LA Unified identify financial challenges and solutions as the district faces budget deficits in the near future. The panel includes people who have worked with the district in the past, and many have...
By Mike Szymanski | October 23, 2015
LAUSD officials in Sacramento to talk trans-k, adult ed and budget
LA Unified officials are in Sacramento today lobbying for adult education and transitional kindergarten programs. Oh yeah, and the budget, too. Among those joining in on the road trip are Chief Deputy Superintendent Michelle King, Chief Financial Officer Megan Reilly and board members George McKenna and Steve Zimmer. They planned to meet with Senate President Pro...
By Vanessa Romo | May 21, 2015
Cheating parents, MISIS conspire to slow down LAUSD’s gifted program
LA Unified officials are close to clearing a two-year backlog of assessments aimed at identifying thousands of students who would qualify for the highly-prized Gifted and Talented Education program. Why has it taken so long? For one reason, says the district, parents of many gifted students proved they, too, are gifted — at cheating. For...
By Vanessa Romo | March 19, 2015
LA Unified deficit recedes, but enrollment drop portends trouble
It turns out LA Unified’s money woes aren’t so bad — for now, anyway. Shortly before the end of the calendar year, Superintendent Ramon Cortines and other district officials were forecasting a deficit of $320 million, sometimes closer to $350 million. But that was before Governor Jerry Brown proposed his new budget. Now, the district’s...
By Vanessa Romo | January 14, 2015