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County review finds Lawndale USD projects multiyear deficits; county requests updated fiscal stabilization plan
Summary
The Los Angeles County Office of Education told the Lawndale Elementary School District board it can meet current-year obligations but projects large multiyear declines and requested a board‑approved Fiscal Stabilization Plan and the 2025‑26 adopted budget by July 1, 2025.
The Los Angeles County Office of Education told the Lawndale Elementary School District Board of Education on May 1 that the county’s review of the district’s 2024‑25 second interim report shows the district can meet its financial obligations for the current and subsequent fiscal years but projects sizable multiyear declines.
The county’s letter, read aloud at the meeting, said the district’s unrestricted general fund beginning balance of $42,300,000 in 2024‑25 is projected to fall to $15,870,000 in 2026‑27 — a decline the county quantified in the letter as roughly $26,430,000, or…
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