At Least 188 California School Districts in 'Financial Jeopardy'
(SACRAMENTO, Calif.) -- At least 188 California school districts—with 2.6 million of the state's 6 million K-12 students—are in “financial jeopardy,” State Superintendent of Public Instruction Tom Torlakson announced Monday.
The 188 districts of the state’s 1,037 received either negative or qualified financial ratings, according to published reports.
"This is the kind of record no one wants to set," Torlakson said in a statement. "Across California, parents, teachers, and administrators are increasingly wondering how to keep their schools' lights on, their bills paid, and their doors open. The deep cuts this budget crisis has forced—and the uncertainties about what lies ahead—are taking an unprecedented and unacceptable toll on our schools."
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