SB 527: Education finance: local control funding formula: home-to-school transportation: cost-of-living adjustment.

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. Existing law requires those local educational agencies receiving funds for specified pupil transportation programs to maintain a maintenance of effort for those programs, as specified.

This bill would, commencing with the 201819 fiscal year, require those funds received for specified pupil transportation programs to be adjusted by a specified cost-of-living calculation. The bill would require those funds received pursuant to these provisions to be subject to the maintenance of effort for those pupil transportation programs, as specified. The bill also would delete obsolete provisions.