The Los Angeles Unified School District could run out of money within about a year and is showing severe signs of financial distress, according to county education authorities. The nation's second-largest school district, which serves more than half a million students, faces possible insolvency, prompting the Los Angeles County Office of Education to take action. "I think it's something everyone was hoping would be avoided, but I don't think it's really a surprise to anyone," educational consultant Jamie Bacall said. County officials said LAUSD is projected to be more than $230 million in the hole by November of next year....