1,000 audits, no results for L.A. Public Schools

The L.A. Daily News reports:

After reviewing more than 1,000 Los Angeles Unified School District audits conducted in recent years, City Controller Laura Chick issued a report Thursday blasting district officials for a "disturbing lack of transparency and accountability."

Chick said the truckload of audits did little or nothing to improve the education of the 700,000 students in the nation's second most populous school district, and she reiterated her offer to conduct a comprehensive, independent audit that would provide recommendations for improvements and measure results.

"How could the school district make sense of these mounds of paper?" Chick asked, standing behind the mountain of reports evaluating LAUSD since the 2000-01 school year.

There's nothing like public education.Do you really want to own municipal bonds from a school district like this?