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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Revenues and Expenditure in the First Year of Categorical Flexibility
California’s school finance system is notoriously complex. Its critics have long advocated for simplifying funding streams and returning authority to local school boards. In 2009 the state partially acquiesced, giving districts significant…
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Structuring School District Discretion over Teacher Employment
This brief from William S. Koski, Professor of Law and Director of the Youth and Education Law Project at Stanford University, and Aaron Tang, law student at Stanford Law School and former teacher in St. Louis, Missouri, examines teacher employment…
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California’s Quality Education Investment Act
In a new PACE Working Paper, Margaret Bridges and Bruce Fuller from the University of California, Berkeley; Andrew McEachin and Icela Pelayo, from University of Southern California; and Neal Finkelstein from WestEd, San Francisco worked together to…
The Economic Role of the State in Education
The economic and political importance of education has increased dramatically over the course of the past century. Education is the largest item of public expenditure in countries around the world, and formal schooling consumes an ever-larger…