Grappling with its new budget at a public hearing last month, the Las Virgenes Unified School District said dwindling state revenues, flat enrollment and greater employee pension obligations will cause spending to exceed income by more than $1 million in the coming year.
The lion’s share of the $114-million LVUSD budget comes from grants issued under the state’s Local Control Funding Formula.
Under the formula, school districts that serve low-income students, foster children and English-language...
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