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May 2017

K-12 Education

Breakdown of Local Control Funding Formula

Formula for School Districts and Charter Schools, LAO Estimates (In Millions)

  2016-17   2017-18 Year-to-Year Change at May Revision
  Revised   Governor's Budget May Revision Change
Main Components            
Base funding $45,378   $46,026 $46,637 $612 $1,259
Supplemental funding 5,671   5,752 5,829 76 157
Concentration funding 3,236   3,282 3,326 44 90
Subtotals $54,286   $55,060 $55,792 $732 $1,506
Add-Ons            
HTS and TIIG $1,320   $1,320 $1,320 $0 $0
Minimum State Aid 116   116 116 1 0
Economic Recovery Target 31   38 38 0 8
Other 78   76 78 1 0
Subtotals $1,545   $1,550 $1,553 $2 $8
Totals $55,831   $56,611 $57,344 $734 $1,514
HTS = Home-to-School Transportation and TIIG = Targeted Instructional Improvement Grant.