Research Briefs - Finance

School construction and modernization costs California billions every year, but the state's current policies do not provide enough funds to meet local needs and create disparities that advantage wealthier communities.

Despite recent increases in K-12 funding, substantial additional funds are needed for California to attain the goals it has for all students.

School funding in California has recovered from the recession and there's evidence that targeting money to districts with the greatest student need through the Local Control Funding Formula has led to improved student outcomes.

Pension costs are increasing and will meaningfully reduce local operating expenditures for districts unless the system is changed.

Special Education costs are rising, but state support and funding for Special Education have not; as a result, special education finance is a particular concern for district leaders.