Los Angeles Times–
The Los Angeles school board on Tuesday approved an $8.2-billion spending plan for the next school year as expected, but also pledged support for a comparatively tiny amount of new spending to give students free college admissions tests and college savings accounts.
The school board also debated whether to ask local voters for more money in November through an annual tax on every parcel located within school district boundaries. Board members postponed a decision until July 10.
The budget, which has been under discussion for months, included no major surprises. As in previous meetings, senior district staff forecast that the nation’s second-largest school system was headed for financial disaster in four years, when they predict that reserves will have dried up.