Superintendent: More districts face money troubles
San Jose Mercury News
California's schools chief says state budget cuts have led to a sharp rise in the number of school districts in financial trouble. Superintendent of Public Instruction Jack O'Connell on Monday reported a 17-percent increase in the number of districts that may not be able to meet its financial obligations over the next two years. The number of local educational agencies on the state's fiscal watch list has jumped from 108 in June to 126 now. K-12 schools and community colleges have seen their budgets slashed over the past two years, and Gov. Arnold Schwarzenegger has proposed more cuts for the coming school year. (more...)