Once Again With Feeling: Is LAUSD _Really_ Going Bust?
This essay was first published April 3, 2017. It concerns persistent LAUSD budgeting chicanery, and the narrative extended to surround it.
Nothing has changed; not the past numbers or their variance from future projections, not the unfolding reality which reveals how conservative planning shortchanges immediate needs. Suffused with fear and doubt, stakeholders are distracted from the means to realize the democratic entitlement of a truly public education. It is the responsibility of educators and their managers, to spend funds designed to educate children on educating children:
¿¿Is LAUSD REALLY Going Bust??
Not at the moment. Have a look at this table:
All of the recent years for which final (“actual”) budget data are published show every single annual budget has finished in the black. This graph tracks the inflow of revenues (sum of dark and light grey bars), which have outpaced the outflow of expenditures (blue bar) in the LAUSD General Fund (GF) over the last eight years. While the entirety of the LAUSD budget includes various capital and internal funds, for the purposes of tracking the actual operating budget, these GF revenues and expenditures are of most importance. The amount unspent every year is represented by the green bar, and labeled in green. “▲” green figures indicate that the net (what’s left after expenditures come out of revenues) is ‘positive’; the GF was operating without a loss. Both “restricted” (e.g., Federal Title 1 (low income) funds) and “unrestricted” (e.g., discretionary funds available to address school-site-specific priorities) funds are included here. Prior to 2007 CONTINUE READING: Once Again With Feeling: Is LAUSD _Really_ Going Bust? – redqueeninla
