California 2014-15 Budget Highlights for Education

JOHN OSBORN D'AGOSTINO
June 19, 2014

All three contributors to retirement benefits for teachers – teachers themselves, the state and school districts – would pay more under the legislation approved this year. Districts would absorb 70 percent of the increase, rising from several hundred million dollars this year to nearly $3.7 billion annually in 2020-21.

Here are the education highlights from the 2014-15 California budget negotiations.

Fiscal year covers July of the year mentioned to June 30 of the next year. Example: fiscal year 2014 is July 1, 2014 to June 30, 2015.

Going deeper, Budget Edition

Cap on district reserves passes despite lawmakers’ reservations

Thousands would lose eligibility for transitional kindergarten under revised bill

More money for Common Core, early education and funding formula in final budget

Districts protesting closed-door deal restricting control over their budgets

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