Sweeping Change to Education Funding

July 30, 2013

State board of education president Michael Kirst explains California's landmark new Local Control Funding Formula - the first overhaul in decades of the state's system for funneling money to schools.

The president of the state board of education, Michael Kirst, says a new funding formula for schools matches money to high-needs students and returns decision making to local school boards after years of centralized control in Sacramento.