First Local Control Funding Formula Calculations Released Today
Local educational agencies (LEAs) now have access to the first official calculations of how the $42 billion in school funding under the Local Control Funding Formula (LCFF) will be distributed.
“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,” said Superintendent of Public Instruction Tom Torlakson. “The information we are providing today will help administrators, teachers, and parents as they work together to help all students succeed.”
The calculations for school districts and charter schools are displayed in the traditional funding exhibits. In addition, LEAs can review a new
"LCFF Funding Snapshot", a step toward transparency and accountability, providing a concise two-page summary of the main components of the LCFF transitional funding and information on each LEA’s attendance, LCFF entitlements, and funding sources. The data are also translated graphically.
The Local Control Funding Formula was enacted as part of the 2013 Budget Act and provides a new method of funding local educational agencies (LEAs), who 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. For most of this current year, LEAs have been receiving funds based on estimates by California Department of Education.
It will take approximately eight years before the LCFF is fully phased in; therefore, until then, LEAs will receive a transitional amount based on how much they received under the old formula and how much they would have received if LCFF were fully phased-in.