Castaic Union School District is one of five districts in the state to receive a “negative certification” from the California Department of Education, state schools superintendent Tom Torlakson announced Wednesday.
Tom Torlakson
According to CDE, “a negative certification is assigned to a local educational agency (LEA) when it is determined that, based upon current projections, the LEA will not meet its financial obligations for fiscal year 2014–15 or 2015–16.”
The other four districts to receive a negative certification are Inglewood, Lake Elsinore, San Ysidro and Pajaro Valley (Santa Cruz County).
Another 38 districts across California – none in the Santa Clarita Valley – received a “qualified” certification, meaning they “might not” meet their financial obligations.
Overall, the number of cash-strapped districts in California fell this year to 43 from 49 a year ago, Torlakson said in a statement.
“It shows that the improving economy and additional revenues from Proposition 30 have helped pull many school districts out of financial jeopardy, allowing them to concentrate on their most important task — educating their students,” he said.
Full report [here]
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2 Comments
Nicole Veto thought you might to see this.
Wow!!! I’m not surprised sadly.