Education finance: local control funding formula: attendance yields.

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. This bill would instead, for the 2021–22 fiscal year for school districts, county offices of education, and charter schools, require the Superintendent to calculate an attendance yield for the 2019–20 and 2021–22 fiscal years, as specified, and to adjust the 2021–22 fiscal year average daily attendance for purposes of apportionments under the local control funding formula for these local educational agencies, as provided. The bill would require the Superintendent to make the same adjustment for school districts for the 2022–23 to 2024–25 fiscal years, inclusive, for purposes of calculating prior year average daily attendance or the average daily attendance of the 3 most recent fiscal years, as provided.