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State rushes first of Local Control money out to schools

posted Jul 25, 2013, 10:46 AM by Gary Jones

By this time next week, schools will have received their first batch of state aid to support Gov. Jerry Brown’s Local Control Funding Formula even though entitlement calculations are months away from being finalized.

A total of $26.7 billion is going out from the controller’s office by July 31, which represents the first regular installment for the fiscal year as well as about $2.1 billion for LCFF activities.

Read the entire article HERE.