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
School Finances, Reforms, and Revenue Needs
This paper discusses the recent course of elementary and secondary education in California and its needs for the next five years. Funding is a key element in the health of the system, and several trends are evident. First, since 1978, real revenues…
Reasons for Non-Participation in the Minimum Teachers Salary Program
This study of participation in the Minimum Teacher Salary provision of SB 813 was undertaken by PACE in response to concerns that districts were not taking advantage of the act. The Legislative Analyst in the Analysis of the Budget Bill has…
Sustaining the Momentum of State Education Reform: The Link between Assessment and Financial Support
The Link Between Assessment and Financial Support
Public school policy mak­ing is embedded in a complex societal matrix. It is not possi­ble to consider the future of U.S. schools without examining the size and distribution of future populations; the future state of the economy and its ef­fect on…
Sources of Funding for Education Reform
Less than three years have elapsed since the release of A Nation at Risk and the accom­panying calls to improve U.S. public schools. Yet a number of state legislatures have already acted on the basic recommendations of that and oth­er, similar…