Thailand’s central bank should take into account the risks the nation’s economy faces including its fragile recovery when deciding monetary policy, according to Prime Minister Srettha Thavisin.
In this brief, we provide some historical background on the implementation of the Local Control Funding Formula (LCFF), describe how the formula works for school districts and charter schools, describe how the formula was phased in, and explain requirements for districts to adopt plans that describe how LCFF funding will be spent.
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