1 Day
Source:
New York Post
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California school district at risk of collapse
A major California school district is facing a potential state takeover after county officials rejected its $158 million financial rescue plan. The Sacramento City Unified School District is set to hold a special meeting to decide whether to appeal the rejection, which cited concerns that the plan relied on borrowing from existing funds and would increase long-term costs. The district's future remains uncertain as officials aim to address a severe fiscal crisis.
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