Pensions and Retiree Health Care Costs Contribute to LA Unified’s Fiscal Woes

Today, Reason Foundation released a study of Los Angeles Unified School District (LAUSD) finances. We find that the nation’s second-largest school district faces insolvency largely because its steep legacy costs are being spread across a shrinking student population. With state funding dependent on average daily attendance at LAUSD schools, the

Read more at Reason.org