An Overview About Los Angeles Unified’s $4.9 Billion in Reserves

An Overview About Los Angeles Unified’s .9 Billion in Reserves — Los Angeles Unified School District — Los Angeles Unified School District

Mar 25, 2023

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Our reserves have little flexibility. This has been confirmed by an independent auditor (January 24, 2023). These reserves are intended to support critical student services that increase equitable access to learning. Many of these reserves are one-time funds from COVID relief.

These dollars are:

State and federal dollars that, legally, can only be used for student services such as after school programming and learning recovery
Funding to support the District’s highest need schools and students, per District policies and priorities
State required General Fund reserves (2% of total budget)
Inventory of prepaid items such as school supplies

The District is doing everything within its power to support our invaluable staff while being fiscally responsible.

Original source can be found here

K-12 Schools

Mary Helen Immordino-Yang, director of the USC Center for Affective Neuroscience, Development, Learning and Education, elected to the National Academy of Education

Mary Helen Immordino-Yang, director of the the USC Center for Affective Neuroscience, Development, Learning and Education (CANDLE) and Fahmy and Donna Attallah Chair in Humanistic Psychology, has been elected to the National Academy of Education, the organization announced on Friday, March 10.