Today Governor Jerry Brown announced the details of the “May revise”, the update to the proposed state budget. Recent increases in tax revenue spells some good news for public schools.
“At the center of the May Revision is a significant investment in the state’s public schools. From 2011-12 to 2016-17, the Proposition 98 guarantee will increase more than $19 billion from $47.3 billion to $66.5 billion. The plan provides $1,046 more per K-12 student in 2013-14 than was provided in 2011-12 and funding levels will increase by $2,754 per student through 2016-17.”
While the passage of Proposition 30 paused the deep cuts experienced annually for the past 5 years, it did not restore funding to schools. In the Governor’s proposed budget, schools would be funded under a new formula (Local Control Funding Formula, or LCFF) directing additional funds to high needs students including low income students and English language learners.
“The May Revision also adds $240 million in first-year funding for the Governor’s Local Control Funding Formula (LCFF), for a total of $1.9 billion. It gives all districts the chance to improve with new ongoing funding based on the number of students served, directs additional resources to the state’s neediest students and restores local control over how money is spent in schools.
When fully implemented, it is projected that the formula will spend 80 cents of every dollar on base grants for every district, 16 cents in supplemental funding for every English learner, student from a low income family or foster child in a district and 4 cents for those districts who have a particularly high concentration of these students. While the concentration funds represent only a small portion of the total dollars, they are critically important to those districts with the greatest challenges. Additionally, the May Revision strengthens the proposal’s accountability measures to ensure that the targeted student populations benefit from the funds.”
In today’s announcement, the Governor announced additional funds to support the implementation of the adopted Common Core State Standards, new curriculum that is being introduced in districts now, with full implementation required by 2015.
“In addition to the higher ongoing funding, the May Revision proposes to invest $1 billion in one-time revenues to fund professional development, instructional materials and enhancements to technology to support implementation of new national standards for evaluating student achievement in English-language, arts and math (known as Common Core Standards).”
The impact on Santa Cruz City Schools will be addressed as the district adopts its budget in June.
Read the full press release here.