LAUSD confronts looming fiscal crisis in debate over $18.8-billion budget
Briefly

The Los Angeles Board of Education is set to vote on an $18.8 billion budget that aims to stave off cuts and layoffs for the upcoming school year. However, union leaders are arguing for the utilization of the district's significant reserves to provide better wages and enhance educational programs, particularly for Black students and immigrants. While the proposed budget exceeds last year's spending by $400 million, it is still $200 million less than the budget before, indicating a tighter fiscal situation ahead as the district faces a revenue gap that could jeopardize its financial stability by 2027-28.
The proposed budget brings an $18.8-billion spending plan for the upcoming school year but raises concerns about future cuts as the district’s revenue falls short.
Union leaders stress the need for better funding, asserting that millions in reserves could support higher wages and enhancements for programs focusing on diversity.
Read at Los Angeles Times
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