Adopted LAUSD LCAP 2014-2015
For a review of LAUSD's key investments a Presentation
An introduction to LCFF & LCAP
California’s 2013-14 Budget Act approved a new state school finance system that greatly simplifies the way schools are funded in California. This new method is known as the Local Control Funding Formula (LCFF) and represents a major shift in how California school districts were previously funded.
For nearly 40 years, California had relied on a system that included general purpose funding (known as revenue limits) and more than 40 tightly defined categorical programs to provide state funding to school districts. Under LCFF, California funds school districts, charter schools, and county offices of education equally per student with adjustments based on grade levels and demographic characteristics. Furthermore it requires school districts to develop accountability plans known as a Local Control Accountability Plan (LCAP), to demonstrate to the public how education funds are used to support youth in a specific district.