Los Angeles' abundance of caution on Tuesday may have cost the city a lot of money.
The Los Angeles Unified School District (LASUD) — the second-largest school district in the country — closed its more than 900 campuses and 187 public charter schools Tuesday after receiving an electronic bomb threat, keeping about 640,000 students out of school.
That move that cost the district an estimated $29 million in per-pupil funding, according to The Los Angeles Times.
LAUSD Superintendent Ramon Cortines told reporters all schools were inspected following the threat, a move that may have also incurred a large cost, given the number of schools inspected.
However, the costs are region-specific, making it difficult to determine a final price tag, according to Ty Yorio, CEO of Citadel Security Agency.
"Costs can easily be less than $5,000," he said.
Los Angeles NBC affiliate KNBC also reported that the city's bus system gave free rides to students who needed to get home from closed schools.
Los Angeles' gross domestic product (GDP) is over $700 billion, or more than $1.9 billion per day.
