Districts and charter schools now know how they’d make out under Gov. Jerry Brown’s proposed Local Control Funding Formula, his plan for sweeping school finance reform. The state Department of Finance posted the long-awaited district-by-district breakdown and a two-page overview Wednesday. The 80-page chart calculates districts’ base per student funding for 2011-12 as a comparison and lists funding for the next two years and full per student funding in seven years – if projected state revenues hold up.
Brown’s proposed formula promises to simplify and rationalize the state’s idiosyncratic and irrational funding system, with its complex rules governing dozens of “categorical” programs with funding designated for special purposes. Starting off with what districts now receive in base funding (known as “revenue limit” funding), it would create a new financing system as additional money becomes available from increased revenues generated by an improving state economy, and past debts that the state owes to schools are paid off.