While the fiscal outlook for California public schools remains positive, declining enrollment and pension costs will continue to pose significant challenges for many districts statewide. A report out last week from the nonpartisan Legislative Analyst suggested that state support for schools could grow by another $10 billion through the 2022-23 fiscal year, assuming there is not another recession.
While that’s good news, the LAO also noted in the same review that district money managers must be careful as cost pressures grow.
