Tuesday, April 16, 2013 at 3:24 pm (Updated: April 16, 5:37 pm)
We applaud Las Vegas City Schools officials for persuading the state to kick in $750,000 in emergency supplemental funding to help the district get through this fiscal year.
We also give the district, and Superintendent Sheryl McNellis-Martinez in particular, credit for finally revealing that the true magnitude of the district’s shortfall for the current fiscal year is about $1.075 million.
Under state law, public entities cannot end a fiscal year in the red.
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