There's money for Supt. Alberto Carvalho's ambitious agenda, but much of it is one-time support and declining enrollment will affect ongoing funding
The financial forecast for Los Angeles schools calls for relatively blue skies for three years — including $3 billion left over at the end of the current school year — but warns that there could be serious shortfalls later, offering both opportunity and risk for the ambitious agenda of new Supt. Alberto Carvalho.
The short- to mid-term positive outlooks bode well for Carvalho, who started his tenure in L.A. in February and whose, expanding existing, successful ones and reducing class sizes where it could have the most benefit. Ending that deficit spending — whenever that happens — could mean sweeping program reductions and layoffs. And that’s not factoring in the possibility of an economic recession, which could reduce revenues from taxes.and subsequently handing over all or portions of campuses to privately managed public charter schools, which, under state law, have a right to classroom space.
“L.A. Unified continues to see declines in enrollment as demographics change and lack of affordable housing pushes families out of Los Angeles,” Gonez said. “We must take steps to ensure our families can continue to afford to live in L.A., parents continue to choose our schools and to address the budgetary challenges that confront us.”
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