California AB1062 revises the local control funding formula for school districts and charter schools.

California AB1062 amends the Education Code to revise the local control funding formula for school districts and charter schools. It specifies calculations for base grants, supplemental grants, and concentration grants based on factors like average daily attendance, unduplicated pupils, and total pupil enrollment. The bill also details procedures for data validation, funding transfers, and adjustments for certain school populations. It includes provisions for waivers and adjustments to ensure accurate funding distribution.

California AB1062 revises the local control funding formula for school districts and charter schools.

California AB1062 amends the Education Code to revise the local control funding formula for school districts and charter schools. It specifies calculations for base grants, supplemental grants, and concentration grants based on factors like average daily attendance, unduplicated pupils, and total pupil enrollment. The bill also details procedures for data validation, funding transfers, and adjustments for certain school populations. It includes provisions for waivers and adjustments to ensure accurate funding distribution.