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Despite the bleak report by State Schools Chief School Board members say everything will be OK if cost-cutting programs continue The Culver City Unified School District is among the roughly 15 percent of districts statewide that regulators say are in questionable financial shape and may eventually be forced into bankruptcy. The CCUSD is one of 160 districts across California to receive a “qualified” financial outlook in a report issued by the state Department of Education last week. The ratings outlook suggests that more cuts at local Cul...