Months in the making, LA Unified’s $6.8 billion budget, along with an extra $332 million through the Local Control Funding Formula, finally reached the school board today, as Superintendent John Deasy walked the members through its highlights, pointing to dozens of areas where the new money is going. His presentation was the featured attraction at...

LA Unified Superintendent John Deasy made public today the first draft of a $6.8 billion budget for the 2014-15 school year, a presentation that offered the first glimpse of how the new Local Control Funding Formula is going to work. The budget will be formally presented to the school board on Tuesday, after which the...