May 2018

Higher Education

Comparing CCC Proposition 98 Funding Under the Governor's Budget and May Revision

(Total Funding in Millions)

 

2016‑17

2017‑18

2018‑19

Governor’s Budget

      

General Fund

$5,473

$5,682

$6,066

Local property tax

2,809

2,972

3,141

Totals

$8,283

$8,654

$9,207

FTE students

1,134,809

1,135,081

1,136,813

Dollars per FTE student

$7,299

$7,624

$8,099

May Revision

      

General Fund

$5,473

$5,757

$6,129

Local property taxa

2,822

2,934

3,080

Totals

$8,295

$8,691

$9,209

FTE students

1,124,320

1,138,947

1,139,978

Dollars per FTE student

$7,378

$7,631

$8,078

Change

     

General Fund

—

$75

$63

Local property tax

$13

‑38

‑61

Totals

$12

$37

$2

FTE students

‑10,489

3,866

3,165

Dollars per FTE student

$79

$7

‑$21

aDoes not include estimated $18.8 million over the three‑year period related to a property tax settlement with Orange County.

FTE = full‑time equivalent.