California’s largest school districts are underwater

Brandon Ristoff  |  August 25, 2021

By Brandon Ristoff, includes “California school districts are receiving $15.3 billion in federal aid to help students recover from the extended school closures, but the poor fiscal health of some school districts within the state may limit how well that money is spent. … The unrestricted net position, explained by Truth in Accounting, is a ‘magic number’ of sorts that shows whether a government agency – school districts in this case – has the assets needed to cover costs funded by future generations of taxpayers.”

Read the full article on: School Reform News

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