Education finance: local control funding formula.

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, as specified. 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, as specified, that includes average daily attendance as a component of that calculation for these local educational agencies. For purposes of the local control funding formula, this bill would, commencing with the 2022–23 school year, instead calculate average daily attendance based on a 3-year average for those local educational agencies or their current year average daily attendance calculation, whichever is greater, as provided. This bill would declare that it is to take effect immediately as an urgency statute.