LAUSD has one of the highest unfunded liabilities of of any government agency in the country, and the highest of any school district by far. Listening to board conversations, the district appears to have no real resolve to address these financial issues in a meaningful way. Board Members keep kicking the can down the road. It's hard to imagine the district taking serious actions to "right size" any time soon given the pending loss of Board Member Ratliff who, refreshingly, has been focused on these issues. Balancing the budget is unlikely as long as school board elections create scenarios where stakeholders on both side of the bargaining table are invested in protecting the status quo.
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