LAUSD borrowing $250 million to settle sex abuse claims — on top of earlier half billion
LOS ANGELES — With costs mounting for alleged sexual misconduct cases, the Los Angeles school board has approved $250 million in bonds — on top of $500 million already authorized less than a year ago — to fund payouts to victims. The cost of both bond issues, including financing, is expected to be more than $1 billion, based on cost estimates provided by the district, and will be paid out of ...
