County Says LAUSD Budget Needs More Cuts — or More Revenue

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In a letter to the L.A. Unified School District, county regulators said the district must take more steps to either slow its rate of spending, or raise more revenue, by July. 

The county officials warned that if LAUSD can't keep its budget reserves at levels required by state law, they could take more drastic action, including appointing a fiscal advisor who has the power to veto school board actions to save money.