July 2019
K-12 Funding by Source
(Dollars in Millions)
2017-18 Final | 2018-19 Revised | 2019-20 Enacted | Change From 2018-19 | ||
Amount | Percent | ||||
Proposition 98 | |||||
General Funda | $47,194 | $48,327 | $49,322 | $994 | 2.1% |
Local property tax | 19,644 | 20,645 | 21,921 | 1,276 | 6.2% |
Subtotals | $66,839 | $68,973 | $71,243 | $2,270 | 3.3% |
Other State | |||||
Other General Fund | $6,879 | $9,749b | $10,503b | $754c | 7.7% |
Lottery | $1,382 | $1,305 | $1,304 | -$1 | -0.1% |
Special funds | $75 | $79 | $228 | $149 | 189.0% |
Subtotals | $8,336 | $11,133 | $12,036 | $903c | 8.1% |
Other Locald | $12,023 | $12,712 | $11,814 | -$898 | -7.1% |
Federal | $7,435 | $8,190 | $8,284 | $94 | 1.1% |
Total | $94,633 | $101,008 | $103,377 | $2,369 | 2.3% |
Studentse | 5,960,120 | 5,944,769 | 5,933,407 | -11,362 | -0.2% |
Proposition 98 funding per student | $11,214 | $11,602 | $12,007 | $405 | 3.5% |
Total funding per student | $15,878 | $16,991 | $17,423 | $432 | 2.5% |
a Consists of funding for K-12 education, preschool, and other agencies serving K-12 students. | |||||
b Includes $3.9 billion in additional retirement payments authorized in the 2019-20 budget package ($2.8 billion attributed to 2018-19 and $1 billion attributed to 2019-20). | |||||
c These year-to-year comparisons are notably affected by how the administration attributed the additional retirement payments authorized in the 2019-20 budget package across fiscal years. | |||||
d Includes revenue from local fees, property taxes collected in excess of the Local Control Funding Formula allotments, parcel taxes, and reimbursements. | |||||
e Reflects average daily attendance. |