TOPIC

Education finance

Education Finance

In adopting the Local Control Funding Formula (LCFF), 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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Acquisition, Deployment, and Barriers
This report examines the fiscal and labor resources of California principals and how they acquire and utilize them to improve student performance. The authors seek to understand the background characteristics and educational goals of California…
Assessing the Costs of K–12 Education in California Public Schools
This report focuses on estimating the costs for California school districts to meet state-set achievement goals and how these costs differ across districts with different student characteristics. The study uses an econometric cost function approach…
A Review of State Teacher Policies: What Are They, What Are Their Effects, and What Are Their Implications for School Finance?
What Are Their Effects, and What Are Their Implications for School Finance?
The report explores the impact of teacher sorting, or the tendency for high-achieving students to be assigned to more effective teachers, on student achievement. It finds that teacher sorting has a significant positive effect on student achievement…
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Painting a Picture of Revenues and Expenditures in California’s School Districts
The report explores the relationship between teacher experience, school characteristics, and student achievement. Teacher experience is positively associated with student achievement, particularly in schools with high concentrations of low-income…