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Entertainment At 88, Anthony Hopkins releases his first album of his own musicWorld At least 28 killed in a shoe factory fire in China's footwear capitalLos Angeles Study projects an $892 million World Cup boost for L.A. County. Economists urge caution.Los Angeles LAUSD faces potential insolvency as L.A. County warns it could seize the budgetLos Angeles Anthony Davis sells his Bel Air mansion for $32 million, a year after leaving the LakersU.S. Trump's triumphal arch advances, teeing up a fight over Washington's height limitsEntertainment Disney's live-action 'Moana' opens to a box-office test and mixed reviewsU.S. Eight indicted in an alleged plot to attack a UFC event at the White HouseEntertainment At 88, Anthony Hopkins releases his first album of his own musicWorld At least 28 killed in a shoe factory fire in China's footwear capitalLos Angeles Study projects an $892 million World Cup boost for L.A. County. Economists urge caution.Los Angeles LAUSD faces potential insolvency as L.A. County warns it could seize the budgetLos Angeles Anthony Davis sells his Bel Air mansion for $32 million, a year after leaving the LakersU.S. Trump's triumphal arch advances, teeing up a fight over Washington's height limitsEntertainment Disney's live-action 'Moana' opens to a box-office test and mixed reviewsU.S. Eight indicted in an alleged plot to attack a UFC event at the White House

Topic: lausd

A Los Angeles Unified high school campus (file photo).
Los Angeles
Friday, 7/10, 06:50 AM

LAUSD faces potential insolvency as L.A. County warns it could seize the budget

  • Los Angeles Unified, the nation's second-largest school district, is showing what county officials call severe signs of insolvency, with a projected shortfall that could leave it unable to pay its bills within about a year.
  • The county has given the district 45 days to produce a credible recovery plan or risk losing control of its own budget.

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