LAX Leader

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