ERIC Number: ED485360
Record Type: Non-Journal
Publication Date: 2004-Nov
School Finance 2004?05: Districts Receive An Increase Despite A State Budget Squeeze
Perry, Mary; Edwards, Brian; Oregon, Isabel
Another year of financial difficulty for the state of California led to the suspension of the minimum-funding guarantee that has provided some financial protection for schools in recent years. In a negotiation with education leaders Gov. Arnold Schwarzenegger managed to craft the suspension in a way that protected education's interests at the same time it reduced the amount schools were due to receive. Even with the suspension, enough money was available to give school districts additional funds to cover inflation and enrollment growth, plus provide increases for a few specific purposes. This report describes those actions in more detail and provides an overview of the state's budget situation and how education fits into the overall picture. In the process, it provides detail about how funds will be allocated to schools in 2004?05 and also looks at important policy actions that will affect public education in the coming year and beyond.
Descriptors: Public Education, Educational Finance, School Districts, State Aid, Budgets, Financial Support, Resource Allocation, State Legislation, School District Spending, Higher Education
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Publication Type: Reports - Evaluative
Education Level: Elementary Secondary Education; Kindergarten
Authoring Institution: EdSource, Inc., Palo Alto, CA.
Grant or Contract Numbers: N/A