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California Department of Education CA Dept of Education

Local Control Funding Formula - Funding Snapshot

This is the Accessible HTML version of the LCFF Funding Snapshot Report. The Adobe Acrobat Portable Document version is available for downloading and printing and can be accessed on the LCFF Funding Snapshot Report using the PDF option from the export drop down menu.

LCFF Funding Snapshot
LEA Name: Equitas Academy #2 Charter
County: Los Angeles County
CDS Code: 19-64733-0126169
Charter Number: 1402
Fiscal Year: 2013–14  (As of February 2015, Annual)
Local Control Funding Formula (LCFF) Funding Snapshot summarizes the main LCFF funding components but does not contain all funding details. Complete funding data should be obtained from the certified funding exhibits on the Principal Apportionment Web page [http://www.cde.ca.gov/fg/aa/pa/].
Local Educational Agency (LEA) Data
Grade Span K–3 4–6 7–8 9–12 Total
Average Daily Attendance (ADA) 0.00 93.18 0.00 0.00 93.18

Unduplicated Pupil Percentage (UPP)
91.75 %
LCFF Target Entitlement

Funding calculation based on the LCFF funding model at full implementation. During transition most LEAs will not receive this level of funding.

Components Amount
Base Grant Funding $657,478
Supplemental Grant Funding 120,647
Concentration Grant Funding 97,340
Necessary Small Schools (NSS) Allowance N/A
Add-On Funding N/A
Total LCFF Target Entitlement $875,465
LCFF Transition Entitlement

Calculation of the LEA's funding entitlement during the transition period until full implementation of LCFF. This table will either have an amount shown under the Target or the Floor, whichever is lower.

Components Amount
LCFF Target Entitlement $0
Floor Entitlement 734,185
Current Year (CY) Gap Funding (12.00%) 16,956
Economic Recovery Target 0
Additional LCFF State Aid to Meet the Minimum (Additional SA for MSA) 0
Total Transition Entitlement Adjusted for Additional SA for MSA* $751,141
LCFF Target vs LCFF Floor

A comparison of the LEA's Target and Floor Entitlements to determine current year remaining need. Some LEAs are funded at the Target and do not have a Remaining Need.

Components Amount
LCFF Target Entitlement $875,465
Less Floor Entitlement (734,185)
Less CY Gap Funding (16,956)
Remaining Need $124,324

A color-coded pie chart titled "LCFF Target vs LCFF Floor" displays the amounts from the table with a legend containing titles of components.

LCFF Funding Sources (Actual Funding)

The actual amount of current year LCFF funding by source.

Components Amount
Local Revenue $142,723
Education Protection Account (EPA) State Aid 18,636
LCFF State Aid Before MSA 589,782
Additional SA for MSA 0
Total Funding** $751,141

A color-coded pie chart titled “Funding Sources” displays the amounts from the table with a legend containing titles of components.

* LCFF Transition Entitlement components may not sum to Total Transition Entitlement Adjusted for MSA due to miscellaneous adjustments.

** Total LCFF Funding sources (Actual Funding) may be greater than Total Transition Entitlement Adjusted for MSA due to an LEA's EPA State Aid and/or because local revenue exceeds the LEA's Transition Entitlement.

Note: Some amounts may not display on the pie charts due to their relative size compared to other components.

Legend

Local Educational Agency (LEA) Data

Components Description
Average Daily Attendance (ADA) The amount on the Snapshot is funded ADA. Funded ADA for school districts is the greater of prior year or current year ADA, and includes any ADA funded through the Necessary Small School formula. Charter schools are funded on current year ADA.
Unduplicated Pupil Percentage (UPP) An LEA’s unduplicated pupil count refers to its count of disadvantaged students, i.e., those classified as English learners, those meeting income or categorical eligibility criteria for participation in the National School Lunch Program, foster youth, or any combination of these factors. The UPP is determined by dividing an LEA’s unduplicated pupil count by the number of students enrolled. The UPP is used in the calculation of Supplemental and Concentration Grant Funding for the LCFF Target Entitlement.

LCFF Target Entitlement

Components Description
Base Grant Funding An amount of funding provided for each unit of ADA by grade span: Kindergarten through Grades 1-3 (K-3), Grades 4-6, 7-8, and 9-12. The K-3 grade span includes an additional adjustment of 10.4 percent of the base grant and the 9-12 grade span includes an additional adjustment of 2.6 percent of the base grant. Base grant amounts for the 2013-14 fiscal year are available in the P-2 Apportionment letter Attachment [http://www.cde.ca.gov/fg/aa/pa/calc13p2.asp].
Supplemental Grant Funding Additional grant equal to 20 percent of the adjusted base grant, multiplied by an LEA’s UPP and ADA.
Concentration Grant Funding Additional grant equal to 50 percent of the adjusted base grant (for each LEA with UPP in excess of 55 percent) multiplied by the LEA's UPP points above 55 percent and ADA. For charter schools, the UPP for concentration grant funding is capped at the lesser of the charter school's own UPP or the determinative district's UPP.
Necessary Small School (NSS) Allowance Funding provided to school districts with qualifying schools that serve a small population of students and are geographically isolated. NSS funding is provided in lieu of LCFF Base Grant funding.
Add-On Funding Funding provided to school districts equal to the LEA’s 2012-13 entitlements for the Targeted Instructional Improvement Block Grant, Home-to-School Transportation, and Small School District Bus Replacement Program. These programs were eliminated with the passage of LCFF.

LCFF Transition Entitlement

Components Description
Floor Entitlement For LEAs not yet funded at the LCFF Target, a Floor Entitlement is calculated based on current year funded ADA, 2012-13 deficited funding rates, 2012-13 categorical program funding, and prior year gap funding (commencing with 2014-15).
Current Year (CY) Gap Funding (12.00%) LCFF Need is the amount of funding required beyond the Floor to fully fund the Target, i.e., the difference between the Floor and the Target. Gap funding is the amount of LCFF Need that is funded in any given year based on the amount of funds included for LCFF Transition in the annual Budget Act. Each LEA’s Gap Funding is based on the LEA’s proportion of statewide need; for fiscal year 2013-14 the amount of funded Gap is 12.00 percent.
Economic Recovery Target Additional funding for those LEAs that would have received a higher level of funding under revenue limits and various categorical programs, based on certain assumptions.
Additional LCFF State Aid to Meet the Minimum (Additional SA for MSA) The Minimum State Aid (MSA) Guarantee is the level of funding to ensure that LEAs receive at least the same amount in state aid as they received in 2012-13, adjusted for changes in ADA and property taxes. The Additional SA for MSA, available for some LEAs, is the difference between the MSA guarantee and the LCFF State Aid Before MSA (see description below).

LCFF Target vs. LCFF Floor

Component Description
Remaining Need The difference between the LCFF Target Entitlement and the sum of Floor Entitlement and CY Gap funding, as described above, for those LEAs not funded at the LCFF Target. This amount is unfunded.

LCFF Funding Source (Actual Funding)

Components Description
Local Revenue The amount of local property taxes (in-lieu of property taxes for charter schools) that funds the LCFF Transition Entitlement prior to determining state aid.
Education Protection Account (EPA) State Aid Funding made available through 2018-19, in accordance with Proposition 30, the Schools and Local Public Safety Protection Act of 2012, as enacted by Section 36 of Article XIII, of the Constitution of the State of California. Each LEA is guaranteed to receive at least $200 per ADA in EPA funding. The amount an LEA receives in EPA counts towards the LEA's LCFF funds.
State Aid Before MSA Amount of State Aid calculated after subtracting property taxes and EPA State Aid from the Transition Entitlement before MSA.
Additional SA for MSA See the LCFF Transition Entitlement section above for a description of this component.

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Related Content

  • LCFF [http://www.cde.ca.gov/fg/aa/lc/] - California's new school funding formula, enacted in 2013.
  • Principal Apportionment [http://www.cde.ca.gov/fg/aa/pa/] - Distribution of funds for local educational agencies (LEAs) in support of the public school system. Includes elementary school, high school and unified school districts; charter schools; and county offices of education.
Questions: Principal Apportionment Section | PASE@cde.ca.gov | 916-324-4541