CA AB2509

Expands the local control funding formula (LCFF) calculation options for school districts by adding a 5-year average of prior fiscal years as a fourth comparison point, allowing districts to use whichever average daily attendance figure is greatest among current year, prior year, 3-year average, or 5-year average

Authorizes school districts to exclude the 5 days with the lowest recorded attendance from their current and prior fiscal year calculations when computing regular average daily attendance

Applies adjustments to sponsoring school districts with charter schools, requiring attendance calculations for both 3-year and 5-year averages to account for student transfers between charter and non-charter schools

Requires fiscal committee review (changed from no fiscal committee in original version), indicating potential state funding implications from the expanded averaging options