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Monday, March 11, 2013

Pass / Fail : LAUSD Budget forecast is getting brighter | 89.3 KPCC

Pass / Fail : LAUSD Budget forecast is getting brighter | 89.3 KPCC


LAUSD Budget forecast is getting brighter

Credit: Robyn Beck/AFP/Getty Images
Mercer 3287LA Unified’s Budget, Facilities and Audit Committee is convening Tuesday morning. The proposedagenda shows financial improvement at the district after five years of devastating cuts -- due to a boost from Prop. 30 funds.

According to the district, the Governor’s proposed budget would provide $1.6 billion to begin implementation of a new funding model that benefits district with large numbers of poor and English-learning students, like LAUSD. L.A. Unified is also expecting the state to pay the district $1.8 billion in "deferrals" -- money it already owed the district from past budgets. It also stands to gain $400.5 million in Prop 39 energy efficiency projects
However, LAUSD funding won’t get back to 2007-08 levels until the start of the 2014-2015 school year. And, despite revenues generated by Prop 30, the impact of the federal sequester remains an issue.

Another bright spot: the partnership between LAUSD and FilmLA, a nonprofit group that coordinates filming