San Ramon Valley Unified School District can look forward to some unexpected funding.
Unanticipated revenue to California will mean a $179 per student bump in average daily attendance (ADA) figures, which are used to calculate how much districts get from the state.
The news was part of Gov. Jerry Brown's revision to the budget known as the May revise.
"The May revision reflects, as required by Proposition 98, $2.9 billion in additional funds in the current year for K-12 schools and community colleges," according to a statement from the governor's office.
Added funding for K-12 schools was made possible by nearly $4.6 billion windfall due to better-than-expected personal income tax revenue. Passed in 1988, Prop 98 requires that part of those funds be dedicated to schools.
Additional funds from the May revise could mean a windfall for SRVUSD although the money is on a one-time basis. Recently, the state opted to postpone distributing money owed to districts across the state, requiring them to do short-term borrowing to pay salaries and bills.
Districts will begin to receive about $2.5 billion over the next two years as part of accelerated deferrals.
"The May revision proposes that these one-time funds be used to reduce the deferral of payments to schools and community colleges, and to support the implementation of new academic standards," the statement continued.
The new Common Core standards are being implemented across the country and focus on depth of knowledge and increased critical thinking. It was designed so that a student could transfer to any other school in the country without difficulty and so that all high school graduates will be college ready.
The governor's plan also calls for spending as much as $1.9 billion on what's called the Local Control Funding Formula (LCFF), which is designed to give extra money to districts that have a high number of English language learners and poor students. According to EdSource, San Ramon Valley Unified has only 2.5 percent low-income students and 4.6 percent English learners and is one of the lowest state funded districts per capita at $5,994 per student.
Under LCFF, the district would receive $8,317 -- while that is $2,323 more, that's approximately 14 percent less per student than it would get under a fully funded status quo. LCFF would put control of some spending in the hands of the district and schools themselves.