School districts with 2.6 million of the state’s 6 million K-12 students are in “financial jeopardy,” state schools Supt. Tom Torlakson declared Monday, including 12 so troubled that they are virtually insolvent.

The largest school district in Torlakson’s negative list appears to be Vallejo Unified, but a number of large districts are on the qualified list, which denotes financial problems, including LA Unified, San Diego Unified, Oakland Unified, Elk Grove Unified, Sacramento City Unified and San Juan Unified.

via Torlakson says 188 California school districts in ‘financial jeopardy’.