New school funding formula to get huge increase | EdSource

By John Fensterwald

A projected big infusion of state revenue next year will inject much more money into the new K-12 education finance system than school districts and state officials expected at this point.

For the budget year starting July 1, Gov. Jerry Brown is proposing an additional $6.1 billion for the Local Control Funding Formula, the funding system that shifts more authority over operating budgets to local school boards. It also steers more dollars to “high-needs” students – English learners, low-income children and foster youth. The new dollars will take districts much closer, after only three years, to what the Legislature set as full funding when it passed the funding law in 2013.

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