LAUSD lost almost $10 million due to inefficient inventory system, audit finds
By Howard Blume/Los Angeles Times
An audit of textbooks at 21 local high schools has found that lost books and excessive purchases at these campuses cost the Los Angeles Unified School District nearly $10 million. Such problems are pervasive across the system of more than 1,000 schools, auditors concluded, exponentially increasing the potential losses and unnecessary spending. "The district does not manage or control the textbook inventory process effectively, efficiently or economically," auditors wrote in a June 30 report, which is posted online. (more...)