January 2020

Proposition 98 Overview

Proposition 98 Funding by Segment and Source

Dollars in Millions Except Funding Per Student

  2018-19
Revised
2019-20
Revised
2020-21 Proposed Change From 2019-20
  Amount Percent
K-12 Education          
General Funda $48,388 $49,658 $51,239 $1,581 3.2%
Local property tax 20,865 21,914 23,040 1,126 5.1   
   Subtotals $69,253 $71,572 $74,279 $2,707 3.8%
California Community Colleges          
General Fund $6,117 $6,223 $6,372 $149 2.4%
Local property tax 3,077 3,254 3,435 181 5.6   
   Subtotals $9,195 $9,477 $9,807 $330 3.5%
Reserve Deposit/Withdrawal (+/-)b $524 -$38 -$562
   Totals $78,448 $81,573 $84,048 $2,475 3.0%
           
Enrollment          
K-12 attendance 5,912,934 5,905,605 5,886,490 -19,115 -0.3%
Community college FTE studentsc 1,122,691 1,123,753 1,119,421 -4,332 -0.4   
Funding Per Student          
K-12 Education $11,712 $12,119 $12,619 $499 4.1%
California Community Colleges 8,190 8,433 8,761 328 3.9   
           
a Includes funding for instruction provided directly by state agencies and the portion of state preschool funded through Proposition 98.
b Proposition 98 Reserve established by Proposition 2 (2014). Amounts consist entirely of General Fund.     
c Change from 2019-20 to 2020-21 reflects lower baseline enrollment, partially offset by proposed growth.     
 FTE = full-time equivalent.