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
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 global economy is reshaping education worldwide, necessitating policies that expand access and enhance quality. Despite different educational systems, similar issues need to be addressed, resulting in an international convergence of…
An Exploration of County Expenditures and Revenues for Children's Services
California's growing child population will require significant increases in public spending, particularly in education due to immigration, working parents, poverty, and family disorganization. Counties and school districts bear the brunt of…
School Funding Changes 1960 to 1988
1960 to 1988
Public school funding in the US has seen continuous increases in real funding since 1960, reflecting strong citizen support for public schools and a growing economy. Despite pessimism and recession in the 1980s, real school funding continued to…
cover
What Did Senate Bill 813 Buy?
California's K-12 schools are supported by a vast amount of public money, and education financing has become an intensely political issue. This report analyzes school financing outcomes, including equity, efficiency, distributional consequences, and…