
The Los Angeles Unified School District is navigating a $20.6 billion budget that includes plans to cut over 6,000 jobs and close school buildings to address a deficit.
The district met a 45-day deadline to adjust its budget following labor agreements that added $1.13 billion in annual costs this year.
Fiscal oversight agencies remain concerned about the district's long-term solvency, despite the district's pledge to maintain stability for the school year opening on Wednesday.