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Old 10-20-2018, 01:43 PM
 
Location: Arizona
4,231 posts, read 2,139,357 times
Reputation: 3576

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https://moorlach.cssrc.us/sites/defa...CAFRReport.pdf

Sounds like they could use some good accountants and people who understand finance.

23 billion negative balance sheet that will have to be remedied with big middle-class tax increases or big tuition increases and much more student loan debt.

A majority of the 23 billion dollars in negative balance likely derives from useless programs that do nothing but indoctrinate liberal agendas for those 18 to 24 years old.

Looks like illegal-alien, anchor baby and poverty-heavy LA schools have a 10 billion dollar negative balance sheet and this is before the big teacher raises that will likely be approved because of crappy, old homes go for $500,000 or more and the extremely high middle-class income tax rates.
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