California’s new 2014 Local Control Funding Formula (LCFF) requires California School Districts to create Local Control and Accountability Plans (LCAPs) with input from local stakeholders. These LCAPs, which are updated annually, must identify goals and measure progress for student subgroups across multiple performance indicators. The LCAP must also address California’s 8 Education Priorities, as well as any additional locally-identified priorities.
From the California Department of Education: Local Control Funding Formula Overview.
From the California PTA: LCFF and LCAP.
LCFF implementation details: A letter issued by the State Board of Education and the State Superintendent of Public Instruction.