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
Improving Educational Productivity and School Finance
Historically, the education productivity problem has been rising resources with flat or only slowly rising student achievement. In the period 1960–1990, infla­tion-adjusted revenues per pupil rose by slightly more than 200%. However, despite a…
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The 1995–96 California state budget allocated an additional $1 billion to K–12 education over the previous budget year. While the funding increase was welcomed by educators across the state, the additional funds were not part of any effort to…
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Financial Analysis
On November 2, 1993, Californians will face their most important education decision since the state's formation. Ballot Proposition 174, if enacted, will amend the state constitution and establish "scholarships" redeemable by parents for their…
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Overview of PACE Analysis
PACE has analyzed the financial, legal, and social ramifications of Proposition 174, the school choice initiative, so as to provide Californians and policymakers with accurate, unbiased information. This packet contains important questions and…