There s the rainy day budget

Leaders of the Los Angeles Unified School District, by far California’s largest school district, are struggling to head off a teachers’ strike that a state judgeruled Thursday can begin Monday. United Teachers Los Angeles (UTLA), which represents 35,000 teachers, wants an immediate 6.5 percent pay hike and a two-year contract. L.A. Unified has offered a phased-in two-year raise of 6 percent as part of a three-year contract.But while much of the focus has been on the chaos that’s likely if the district’s 640,000 students have nowhere to go Monday morning, the crisis is also drawing attention to the gigantic financial headaches facing the second-largest U.S. school district. Even if L.A. Unified sees its contract offer accepted, it’s on track for perpetual budget problems for as far as the eye can see because of its massive liabilities for retirement pensions and retiree health care.

The California legislatures have a worldwide program to get the global poor to come to LA and enroll in school. The California legislature is responsible for payments.