Some school districts could go bankrupt, state superintendent says in Camarillo visit » Ventura County Star

Some school districts could go bankrupt, state superintendent says in Camarillo visit » Ventura County Star:

Some school districts could go bankrupt, state superintendent says in Camarillo visit

• By Tony Biasotti Special to The Star
• Posted November 30, 2011 at 11:02 a.m., updated November 30, 2011 at 4:18 p.m.
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Some school districts could go bankrupt and be taken over by the state because of budget cuts expected to take effect in January, California's top public-school official told educators Tuesday in Camarillo.

"A majority of the districts in the state have prepared for a $300-per-student midyear cut, but some have not," said Tom Torlakson, state superintendent of public instruction. "I think we'll see several districts go bankrupt. I think we'll see the state taking over several districts as a consequence."

He was the keynote speaker at a Ventura County Office of Education forum at the agency's Camarillo headquarters. About 300 attended, most of them school

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- vcstar.com

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