East finances worrisome

With three months left in the fiscal year, time is running out for Las Vegas City Schools officials to figure out exactly where the district stands financially, and how it’s going to dig itself out of its financial hole.

Plugging a large deficit is difficult under the best of circumstances. But when the exact magnitude of the shortfall remains unclear nine months into the fiscal year and when the plan for dealing with that shortfall is mired in vagueness, then the potential for catastrophe looms large.

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