Dan Walters: Creative accounting solved school district’s big financial headache
How L.A. Unified’s headache was relieved is an eye-opening exercise in creative political accounting. . . The district simply recategorized a number of previous expenditures as qualifying for the LCFF grants, enabling it to declare it “will enable the district’s estimated ending balance to revert back to pre-CDE decision levels.” . . . Nothing changed, in other words, except some computer codes. And L.A. Unified still has an immense achievement gap.