More California School Districts on the Financial Brink

Howard Blume:

An increasing number of California school districts are edging closer to financial insolvency, state officials reported Tuesday.
One immediate effect has been the layoff of teachers — probably in the thousands, although neither state officials nor the California Teachers Assn. has final numbers.
Since the beginning of 2010, the number of school systems that may be “unable to meet future financial obligations” has increased by 38%, according to the state Department of Education.
“Schools on this list are now forced to make terrible decisions to cut programs and services that students need or face bankruptcy,” said state Supt. of Public Instruction Jack O’Connell.