LAUSD running out of cash as deadline looms to fix financial mess, parents told nothing is wrong

The nation’s second-largest school district is staring down a financial disaster.

County officials have warned Los Angeles Unified School District (LAUSD) could run out of cash within two years, despite repeated assurances to parents that schools will continue operating as normal.

LAUSD has been given 45 days to overhaul its budget after the Los Angeles...