School Finance Highlights 2007-08

December 2007

K-14 education received a status quo budget this year, with funding at a level that provides a cost-of-living adjustment for virtually all state programs. However, it does not take into account the increasing performance and financial pressure districts face. This two-page summary focuses on the money budgeted for schools, highlights some of the challenges, and looks at funding projections for the near-future.

To download this summary for free, click here. (PDF 486K)

Also see the School Finance 2007-08 report, A “Status Quo” Budget in a Time of Increased Pressure, and the two-page publication that shows major state and federal categorical programs and funding amounts.

Since this publication was released, state leaders have voted to cut some 2007-08 funds for education. For the latest information on state budget decisions, go to the Budget and Funding section on the California School Finance website.