SCUSD Ends 2019-20 with $23 million surplus, reserve fund grows to $93 million

SCUSD Ends 2019-20 with $23 million surplus, reserve fund grows to $93 million: In 2012-13, the State of California introduced a new way of financing K-12 education with the introduction of the Local Control Funding Formula (LCFF).  It was implemented beginning in the 2013-14 school year. A look at the budget projections of the Sacramento City Unified School District (SCUSD) one year prior to the implementation of LCFF, …