by Kevin CodyThe Hermosa Beach City School District (HBCSD) is financially healthy by comparison to neighboring school districts. Its REU (Reserve for Economic Uncertainty) is 26%, well above the 3% the State requires, according to a budget update presented to the school board last month by HBCSD Business Manager Paula MontalboThe Redondo Beach Unified School District’s reserve is 7.4%. The Manhattan Beach Unified School District’s reserve is 5% percent.;
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