CA AB477

Establishes new Local Control Funding Formula (LCFF) target funding levels beginning in the 2036-37 fiscal year, with the stated goal of raising educator wages by 50 percent to address recruitment and retention challenges

Increases per-pupil base grants starting 2036-37 to $14,879 (K-3), $15,104 (grades 4-6), $15,551 (grades 7-8), and $18,023 (grades 9-12), up from current levels of approximately $6,845-$8,289

Raises the transitional kindergarten funding add-on from $2,813 to $8,318 per pupil in average daily attendance beginning in the 2036-37 fiscal year

Increases county office of education operations grants, including raising the base amount from $655,920 to $1,308,227 and per-school-district amounts from $109,320 to $520,751 starting in 2036-37

Expresses legislative intent to phase in full funding over 10 years through 2036-37, with increased funds designated for salary increases for classified and certificated school site staff, subject to local collective bargaining