EdBudget Figures
Related Figures
- Tracking Changes in the Proposition 98 Minimum Guarantee and Spending
- Proposition 98 Funding by Segment and Source
- Proposition 98 Property Tax Estimates Under 2019-20 Budget Package
- 2018-19 Changes in Proposition 98 Spending
- 2019-20 Changes in Proposition 98 Spending
- Contributions to CalSTRS
- Districts' Pension Contribution Rates and Amounts
- Changes to Districts' Contribution Rates
- State Payments Made on Behalf of School and Community College Districts
July 2019
Proposition 98 Overview
Proposition 98 Key Inputs and Outcomes Under 2019-20 Budget Package
(Dollars in Millions)
| 2017-18 | 2018-19 | 2019-20 | |
| Proposition 98 Funding | |||
| General Fund | $52,951a | $54,445 | $55,891 |
| Local property tax | 22,625 | 23,701 | 25,166 |
| Totals | $75,576 | $78,146 | $81,056 |
| Change From Prior Year | |||
| General Fund | $2,712 | $1,493 | $1,446 |
| Percent change | 5.4% | 2.8% | 2.7% |
| Local property tax | $1,221 | $1,077 | $1,464 |
| Percent change | 5.7% | 4.8% | 6.2% |
| Total funding | $3,933 | $2,570 | $2,910 |
| Percent change | 5.5% | 3.4% | 3.7% |
| Operative Test | 2 | 2 | 1 |
| Maintenance Factor | |||
| Amount created (+) or paid (-) | -$1,202 | – | – |
| Total outstanding | – | – | – |
| Proposition 98 Reserve | |||
| Deposit (+) or withdrawal (-) | – | – | $377 |
| Cumulative balance | – | – | 377 |
| Key Inputs | |||
| K-12 average daily attendance | -0.04% | -0.3% | -0.2% |
| Per capita personal income (Test 2) | 3.7% | 3.7% | 3.9% |
| Per capita General Fund (Test 3)b | 10.0% | 5.4% | 2.9% |
| a Includes $117 million provided on top of the Proposition 98 minimum guarantee. | |||
| b As set forth in the State Constitution, reflects change in per capita General Fund plus 0.5 percent. | |||