SACRAMENTO—Local educational agencies can now see the highly anticipated first official calculations of $42 billion in school funding they will receive under the Local Control Funding Formula (LCFF), State Superintendent of Public Instruction Tom Torlakson announced today. The calculations for school districts and charter schools are displayed in the traditional funding exhibits, plus a new “LCFF Funding Snapshot.”
“California’s new funding formula puts more decisions about education funding where they belong—in the hands of schools, parents, and teachers—and dedicates more resources to students most in need,” Torlakson said. “The information we are providing today will help administrators, teachers, and parents as they work together to help all students succeed.”
The LCFF was enacted as part of the 2013 Budget Act and provides a new method of funding local educational agencies (LEAs). LEAs now receive base funding for all students and additional funding if they serve students who are learning English, in foster care, or are low income.