In 2013, California implemented an ambitious school funding reform, the Local Control Funding Formula (LCFF), which allocates state funding by the proportion of unduplicated "high-need" students in the district: those from low-income families, English learners, and those in foster care. The goal of LCFF was to reduce academic achievement…

In 2013, California implemented an ambitious school funding reform, the Local Control Funding Formula (LCFF), which allocates state funding by the proportion of unduplicated "high-need" students in the district: those from low-income families, English learners, and those in foster care. Using student-level longitudinal data for all…

This brief is based upon a report that reviewed research on the role of money in determining school quality. The research documents that resource investments matter for student outcomes, especially when they are directed to under-resourced districts and students from low-income families. The research also shows that spending resources in ways that…

For decades, some politicians and pundits have argued that "money does not make a difference" for school outcomes. While it is certainly possible to spend money poorly, this viewpoint is strongly contradicted by a large body of evidence from rigorous empirical research. A thorough review of research on the role of money in determining…