Overview

In this module, we’ll cover key finance and funding updates, including an overview of the Local Control Funding Formula (LCFF), the difference between restricted and unrestricted funds, and the breakdown of state and federal revenue sources for charter schools.

You’ll also learn about the critical components of school funding, such as special education funds, lottery funds, and other restricted funding sources. By the end of this module, you’ll have a solid understanding of how CA charter schools are funded and how to navigate the complexities of financial decision-making.

Pro Tip: Understand the Impact of Unduplicated Students on Funding: 
LCFF provides additional funding for high-need students, such as English learners, low-income students, and foster youth, who are categorized as “unduplicated.” Recognizing the significance of these students can help board members understand why targeted funding is allocated and how these resources can be effectively used to support the educational success of these groups.