News & Announcements
05
Statement of Dr. Debra Duardo, Superintendent
Los Angeles County Office of Education (LACOE)

 

The Los Angeles County Office of Education is disappointed that Measure EE did not pass.
 
That being said, as requested by LACOE, LAUSD did not include any projected parcel tax revenue in its latest multiyear budget projections.
 
Due to the distressed financial condition of the district, LACOE assigned a fiscal expert team this spring. The team has been working collaboratively with LAUSD staff to identify ways to improve the financial stability of the district.
 
While progress has been made and actions have been taken to improve the district’s fiscal condition, the County Office of Education remains concerned with the continued use of one-time funding to cover ongoing expenditures. Put simply, LAUSD needs to stop spending more than it receives from the state and federal government, which it does every year.
 
The County Office team is committed to continuing to work with LAUSD as they develop the district budget for 2019-20, and the legally required multi-year budgets for 2020-21 and 2021-22. These budgets should be available later this week and are required to be adopted by the LAUSD Board and submitted to the County Office no later than July 1, 2019.

 

###

Actions: E-mail | Permalink |