New resource to inform all stakeholders about school finance issues
In an effort to support school leaders in their decision-making roles, the California Association of School Business Officials (CASBO) has prepared a new guide, “School Business and Finance in California: What Every Board Member and Candidate Should Know.” This valuable resource identifies important “must know” information for school board members and candidates, including the basics about school district budgeting, the Local Control Funding Formula, school finance statistics, and current issues and trends. The information is presented in an easy-to-use, question-and-answer format, accompanied by several charts and graphs.
California’s school finance system – which fuels the learning and developmental opportunities that the state’s 6.2 million public school students receive – is driven largely by the important decisions made by elected local and state leaders. CASBO has developed this guide to provide essential information about school finance and business to inform this decision-making. The guide is divided into four sections that describe:
- How (and how well) California public schools are funded
- The new era of LCFF: California’s student-centered funding formula
- Critical issues in school finance and business, and
- Basics of local school district budgets