The Board of Education this week held public hearings on its proposed 2014-15 budget and its draft Local Control Accountability Plan, or LCAP.
The LCAP is a response to the state’s approval of the Local Control Funding Formula (LCFF) for schools. The formula replaces the state’s outdated and confusing school finance system with a more streamlined one that gives schools greater flexibility to use state funding based upon students’ needs.
Shortly after the state’s approval of the new formula last year, LBUSD embarked on a sweeping effort to engage the community in shaping its LCAP, including multiple surveys and meetings. The plan is required under the new formula.
The draft LCAP spells out spending priorities and accountability measures to make certain that resources are used wisely. The school board is scheduled to consider the plan for formal approval, along with the school district’s entire budget, on June 17.