Approximately 20 percent of the public school students in the City of Los Angeles attend a charter school. Los Angeles is home to the second-largest school district in the nation. The School Choice Demonstration Project research team has documented disparities between traditional public school (TPS) and charter school funding in Los Angeles Unified School District (LAUSD) since the 2002-03 school year. Throughout these reports, TPS in LAUSD have consistently received more funding per pupil than charter schools in LAUSD--anywhere from 22 to 40 percent more. In 2013, the California Legislature changed the way public schools had been funded for the last 40 years by establishing the Local Control Funding Formula (LCFF), a funding mechanism intended to increase funding equity. In this report, the authors investigate the status of the TPS-charter school funding gap a year after the full implementation of the LCFF. The authors use official financial documents from the California Department of Education and LAUSD to account for every dollar TPS and charter schools received in the 2019-20 school year, including in-kind services. [Additional funding for this report was provided by City Fund.]