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Schools Brace for Debt Shock

Next year, Laguna Beach’s public schools will be req­­­­­­­­­­­­uired to carry a $68.7 million debt from the state’s teacher-pension fund, an amount that has the potential to overwhelm the district’s $46 million budget and one school officials say they have no clue how to repay....

Schools’ Facilities Director Retires

Ted Doughty, director of facilities for Laguna Beach schools for the past two years, will retire, effective June 30, the district announced Monday. Doughty’s retirement reflects continuing turnover among the district’s top ranks, which have included recent departures by the...

Refinance Allows Tax Break to Newport Coast Residents

A plan to refinance debt, approved by the Laguna Beach school board at a special meeting on Monday, will save Newport Coast property owners within the school district’s boundary about $100 on future property tax bills. The figure is based on an estimated annual savings of...

Schools’ Budget Shrinks Without Layoffs

Despite a 3 percent drop in revenue mostly due to decreased funding from the state, school administrators on Tuesday proposed a $40.9 million budget for the next school year that does not require any teacher layoffs. For now, nor have steps been taken to increase class sizes and...