Leadership magazine Sept/Oct 2014 V 44 No 1 | Page 8

A primer for navigating school finance and accountability reforms Learn everything you need to know about LCFF and LCAP, and how to develop your own best practices. 8 Leadership T his past school year can be characterized as a time of historic education reform. In the summer of 2013, the California Legislature adopted a new school finance model called the Local Control Funding Formula. This is the first time in about 40 years that our state has changed the Proposition 98 school funding methodology from a revenue limit school finance model to the LCFF. Hand in hand with the LCFF comes the Local Control Accountability Plan, which aligns school finance with the instructional program within LEAs (local education agencies) in order to provide a system of local accountability for student learning. Additionally, most states across the nation have adopted, for the first time, the same set of academic standards known as the Common Core State Standards, which are to be measured beginning in the 2014-15 school year by the Smarter Balanced Assessment Consortium. As California policymakers deliberated the development of the LCFF, they focused on five key goals: 1. Ensuring equity and greater resources for students with greater needs, including English learners, low-income youth and foster youth. 2. State support for local decision making. 3. Creating a system of accountability. 4. Transparency regarding school budgeting. 5. Aligning school budgets with an accountability plan. The new funding formula For more than four decades, California has funded education through a school finance model made up of a base revenue limit, or a common amount of funding for students in elementary and secondary school. Additionally, until the end of June 2013 there were more than 50 categorical or restricted funds for programs such as fine arts, professional development, school counseling, instructional materials, eco- By Gina Potter