TOPIC

Education finance

Education Finance

In adopting the Local Control Funding Formula, California moved from one of the least transparent school funding systems in the country to one of the most straightforward. In addition, increased revenue has helped California school district resource and expenditure levels not only recover from their post-recession lows, but also reach higher levels in 2016-17 than at any point since at least 2004-05.

However, per-pupil spending in California remains consistently below the national average, and district budgets are being impacted by rising costs associated with pensions, health care, Special Education, and facilities.

PACE research in this area is focused on building and advancing the evidence base on how to achieve equitable and adequate funding that leads to improved outcomes.

Recent Topic Publications
Economic Approaches to Teacher Recruitment and Retention
The quality of teaching in a school results from a range of factors, including available resources, curriculum, and instructional leadership; but it is also driven by the individuals who teach in each classroom. The staffing of teachers in schools,…
Theoretical Concepts in the Economics of Education
Over the past two decades, the economics of education has grown rapidly as a field. Previously, scholars and policymakers tended to view education and economics as separate realms, with economics applied to the study of private goods and education…
Quality Teacher and Education Act San Francisco
Lessons Learned
This policy brief, the author reviews the recent experience of the San Francisco Unified School District (SFUSD) with the development and approval of Proposition A. Proposition A (also known as the Quality Teacher and Education Act, or QTEA)…
Development Teacher Salary Parcel Tax
The Quality Teacher and Education Act in San Francisco
In June 2008 San Francisco voters approved Proposition A, a parcel tax initiative dedicated to improving teachers’ salaries in the San Francisco Unified School District. Proposition A also provided funding for a number of innovative teacher…