Low reserves prompt further school district budget cuts

County takeover narrowly averted

Dangerously low reserves in the Las Virgenes Unified School District budget prompted Los Angeles County officials to consider taking control of the local district’s finances, but a last minute reprieve and the promise of more cost cutting delayed the move and will allow the district to remain free of county control for the time being.
On Sept. 8 the Las Virgenes Board of Education adopted a “fiscal stabilization plan” which calls for an additional $3 million in cuts to help th...

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