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Past · July 24, 2008

Funding Formulas for California Schools

July 24, 2008 · 12:00 am


Date: July 24, 2008
Time: 12:00-1:30 p.m.
Location: CSAC Conference Center
1020 11th St, 2nd Floor
Sacramento, CA
The recent proposal from the Governor’s Committee, if adopted, would change how California funds its schools in important ways, by consolidating a large number of current K-12 revenue programs into just two. Such a shift would require fundamental changes: the state would have to transfer its revenue authority to local school districts and would have to allocate a larger share of K-12 revenues to districts with high proportions of disadvantaged students. Using a budget simulation, this report examines the effects of the proposal and variations, comparing the revenue that school districts would have received under the committee’s plan with the revenue that districts actually received in 2004-2005 from programs the plan would eliminate. Lunch will be provided.
This paper was supported with funding from The William and Flora Hewlett Foundation.

Jon Sonstelie is a professor of economics at the University of California, Santa Barbara and adjunct fellow at PPIC.