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
Education Finance, 1985: A Rising Tide or Steady Fiscal State?
A Rising Tide or Steady Fiscal State?
Rising national demands to improve public K–12 education are expected to boost financial support for schools; state education reform programs (especially those funded by tax increases) are commonly perceived to increase education funding…
Seeking Flexibility in School Management
Waivers and School-Based Program Coordination Under AB 777
Enacted in 1981 as part of AB 777, the waiver authority provides school districts relief from the prescriptive nature of California's voluminous Education Code. If a particular law or regulation conflicts with a local situation, school districts may…
Revenue and Expenditure Projections for California K–12 Education
1985–86 Through 1989–90
Expenditures for elementary and secondary education in California must rise by about 59 percent between 1983–84 and the end of the decade just to maintain the status quo in terms of real per-student spending. This would amount to a K–12 budget in…