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
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Not Whether, But What
Choice. It is a pleasant enough sound­ing word. In some contexts, "choice" conjures up notions of freedom and de­mocracy, concepts and conditions Ameri­cans revere. In specific application to education, choice describes a set of sys­tems or…
Incentive Funding Programs and School District Response: California and Senate Bill 813
California and Senate Bill 813
In 1983, the California legislature enacted a series of incentive programs intended, in part, to encourage local school districts to devote more resources toward instructional expenditures. Analysis of district response to those incentives shows…
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California K–12 Education 1991–1995
Forecasting revenues and expenditures is an integral pan of public sector planning and budgeting. Revenue forecasting projects the level of resources available to accomplish governmental objectives. Expenditure forecasting estimates the level of…
The International Economy and National Education Reform: A Comparison of Education Reforms in the United States and Great Britain
A Comparison of Education Reforms in the United States and Great Britain
The new international economy is affecting more than business. It is also reshaping education in many industrialized nations. The need for a more highly educated workforce is stimulating policy makers to expand access to schooling and enhance its…