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RSS FeedsDrowning in debt from employee benefits and unwilling to reform, LAUSD looks for lifelife in ...
(World News USA)

 
 

19 may 2019 18:28:57

 
Drowning in debt from employee benefits and unwilling to reform, LAUSD looks for lifelife in ...
(World News USA)
 


Los Angeles Unified estimates more than half of its general fund will be needed to pay down pension and health benefit debt by 2031, leaving little for students in a district already struggling against declining enrollment and competition from charter schools. But district officials are hopeful a remedy will come from Measure EE, the 16-cent-per-square-foot parcel tax on the June 4 ballot that promises to reduce class sizes, retain quality teachers and provide services and programs to students. The initial draft of the ballot measure prohibited the use of the tax dollars for “funding long-term healthcare or pension liabilities.” Two days later, the final draft quietly removed...


 
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