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Higher ed to get $6 billion and K-12 schools $9 billion, with most dollars earmarked for renovations; low-wealth, low-income districts would be favored.
Tony Thurmond is creating work groups to focus on critical education issues while building a relationship with Gavin Newsom and building confidence in a state education department that’s been understaffed and underfunded.
Districts’ average payments to pension funds CalSTRS and CalPERS doubled to about $1,000 per student in 2017-18. But contributions varied among districts and will continue to rise for at least two more years.
Learning Policy Institute says schools need more funding, teachers need more support and the public needs more help understanding where the money goes.
The state will absorb $700 million of school districts' additional payments to CalSTRS for the final two years of the higher payments required to restore the pension fund's financial health.
