Education finance: local control funding formula: pupil transportation: cost-of-living adjustment and add-on.

Existing law establishes a public school financing system that requires state funding for county superintendents of schools, school districts, and charter schools to be calculated pursuant to a local control funding formula, and requires funds received for specified pupil transportation programs to be included as part of the formula. This bill would, commencing with the 2020–21 fiscal year, require the amount of funds received for those pupil transportation programs to be adjusted by a specified cost-of-living calculation, and would require the Superintendent of Public Instruction to compute an add-on to the total sum of a county superintendent of schools', school district's, or charter school's base, supplemental, and concentration grants in accordance with a certain formula to incrementally equalize pupil transportation program funding to 90% of the approved cost expenditures of the county superintendent of schools', school district's, and charter school's pupil transportation programs. This bill also would delete obsolete provisions in, and make nonsubstantive changes to, those provisions providing for the calculation.