California school districts are being expected to "do more with less." They face critical and competing pressures to improve academic achievement while remaining fiscally solvent in a time of increasing budgetary pressures. This report examines the financial circumstances of California's school districts and the actions they have been…

This publication contains a glossary of 152 school finance terms, some of which are specific to the state of California. Examples of the terms include: academic performance index, charter school, equalization aid, Gann Limit, opportunity to learn, school site council, Serrano Bands, voucher, and waiver. The glossary also includes definitions of…