LAUSD has $700+ Million in Reserves, but Still Plans to Close Adult Schools?
Date: March 22, 2012
—A guest blog article in the discussion series on Cut the Excuses, Not Education! How SaveAdultEd.org Is Fighting the Proposal to Eliminate Adult Education in L.A.
By Sean Abajian
On Tuesday, March 13, and for the second time this year, the LAUSD presented an Interim Financial Report stating that the District will end the 2011-2012 school year with reserves of over $700 Million (pg. 51 of 92 in the Scribbd.com document linked above). $707 million represents almost…
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