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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
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Investing in Education Facilities and Stronger Communities
Working paper series—California Builds Better Schools by PACE and the Center for Cities and Schools, at the University of California, Berkeley. California is midway through one of the grandest public infrastructure projects ever attempted. Over the…
Getting Beyond the Facts: Reforming California School Finance
Reforming California School Finance
California’s school finance system is long overdue for reform. This policy brief proposes a new system that is more rational, more equitable, and politically feasible. At its core, the proposal aims to link district revenue to student needs and…
Getting Down to Facts: School Finance and Governance in California
School Finance and Governance in California
Getting Down to Facts is the largest independent investigation ever of how California governs and funds public education. It was commissioned at the request of a bipartisan group of California leaders, including the governor’s Advisory Committee on…
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Preschool and K–12 Finance Reform in New Jersey and Texas
In a PACE Working Paper, Co-Director Bruce Fuller and Joseph Wright offer policy and implementation lessons from two states—New Jersey and Texas—that have moved to advance preschool and K–12 finance reform in tandem. These states have assembled the…