Declining enrollment along with the cost of providing employee benefits and special education services for students are among the key drivers contributing to a projected long-term deficit at the Los Angeles Unified School District, according to an independent financial review panel.
The eight-member panel convened by Supt. Ramon Cortines presented its findings at Tuesday's Board of Education meeting. It warned that the district could face a budget deficit of $333 million in the 2017-18 school year, which would grow to $600 million by 2019-20.
The panel's report includes the following findings: