SACRAMENTO—A new report shows that less than half as many California school districts are in financial jeopardy now as a year ago, State Superintendent of Public Instruction Tom Torlakson announced today.
The state’s Second Interim Status Report for 2012-13 shows that 92 local educational agencies (LEAs) are either in negative or qualified financial status. The same report from a year ago showed a record 188 LEAs in financial jeopardy.