State Fiscal Team Finds LAUSD at High Risk of Insolvency by SP Team October 8, 2026 0 Incident Date: October 6, 2026Incident Location: Los Angeles Unified School District Board of Education, 333 S. Beaudry Ave., Los Angeles, CA The state's FCMAT found the Los Angeles Unified School District at high risk of insolvency and says it needs $3.6 billion in cuts to stay afloat.