Governor Jerry Brown’s recently released state budget proposes $61.6 billion for K-12 education for 2014-2015, a $6.3 billion increase from last year. Under the new Local Control Funding Formula, districts will receive a base grant equal to what they received this school year, as well as supplemental funding based on their English-learner, low-income, and foster-care populations. Schools would also be repaid deferral money that they had to borrow in past years. Funding for all districts is expected to increase, and Santa Barbara Unified School District officials said they should have a better idea of final dollar figures next week.
