NEW VERSION: LCFF Calculator Version 21.2a is now available

Dear School Business Professionals,
Please see information below about the FCMAT LCFF Calculator. Districts should use this updated version for updating budget information.
Thank you.
Regards,
School Business Advisory Services Team Santa Barbara County Education Office
__________________________________________________________________________ Please do not reply to this email. This is an unattended mailbox.
LCFF Calculator Version 21.2a of the LCFF Calculator is now available for use. This version includes:
The revised rates are as follows:
20-21 21-22 22-23 23-24
LCFF Funding COLA
0.00% 3.84% 2.98% 3.05%

Note: The funded COLA for 21-22 of 3.84% is derived from a 2.31% increase to first increase the 20-21 rates, (an increase that was not and will not be funded for 2020-21) and an estimated increase of 1.5% for 2021-22. There is NO impact on 2020-21 rates.
It is recommended that all LEAs download and use the new version of the calculator. To download the latest version, please visit: www.fcmat.org/lcff
If you have any questions or experience any issues, please submit a ticket to the FCMAT Help Desk at: helpdesk.fcmat.org. When submitting your question or concern, please attach a copy of your calculator to aid FCMAT in providing the best possible response.
Please do not respond to this email. The FCMAT LCFF Calculator listserv is announcement based and cannot accept responses. FCMAT CBO listservs are not monitored for LCFF Calculator support questions. Please submit any questions or concerns through the FCMAT help desk link above.
If you wish to subscribe to the FCMAT LCFF Calculator listserv, please visit our website at: lists.fcmat.org/scripts/wa.exe?SUBED1=LCFF-CALCULATOR&A=1.

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