Governor’s budget proposal has high school district smiling
El Dorado Union High School District’s Board of Trustees received some good news about the budget at the Jan. 28 meeting. If Gov. Brown’s proposed 2014-2015 state budget is approved, schools could receive $4.5 billon in the Local Control Funding Formula, boosting the average annual increase for K-12 school districts by 10.9 percent or $751 per student.
“This was very welcome news, “said Baldev Johal, associate superintendent of Business Services for EDUHSD. ” After several years of taking ‘gloom and doom’ scenarios to the board after the governor’s budget proposal comes out, this was welcome, indeed.”
Due to an improving economy and Proposition 30, Gov. Brown is proposing $10 billion for education, the biggest funding increase since 2000-2001. Half of the funds are proposed to go toward paying down debt; the rest is new money for education.
The new education funding plan, Local Control Funding Formula, aims to close the funding gap for school districts throughout the state over a period of eight years, said Johal. “The average increase per student is calculated to be $751, but that means one district might receive $1,000 per student(based on the number of English learners, foster care and Free and Reduced Price Meal Program students enrolled) and another district might receive $500. We will likely be on the lower end, towards $500.”
State revenues ...