From the California Department of Education NEWS RELEASE
SACRAMENTO—Nearly 2 million students—roughly 30 percent of pupils in California—now attend school in a district facing serious financial jeopardy, State Superintendent of Public Instruction Tom Torlakson announced today.
"The emergency confronting California's schools is widening and deepening," Torlakson said. "As disturbing as these numbers are, unless the Legislature moves to place the Governor's tax extension plan on the ballot, they are just the tip of the financial iceberg facing school districts up and down the state."
Torlakson's findings came as he released the results of the first semiannual Interim Status Report that represents budget certifications for California local educational agencies (LEAs) through the end of October 2010. The reports reflect a certification of whether an LEA is able to meet its financial obligations.
Read complete News Release HERE.
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