A 2018 Evaluation of LAUSD’s Fiscal Outlook: Revisiting the Findings of the 2015 Independent Financial Review Panel

Executive Summary
The Los Angeles Unified School District (LAUSD) faces immense fiscal challenges. The district has lost more than 245,000 students in the last 15 years. Deficit spending is projected to drain the district’s reserve level from 11.64 percent of total general fund expenditures in 2016–2017 down to a projected -5.61

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