EdBudget Figures
Related Figures
- Tracking Changes in the Minimum Guarantee and Spending
- Proposition 98 Funding by Segment and Source
- 2015-16 Proposition 98 Changes
- 2016-17 Proposition 98 Changes
- 2017-18 Proposition 98 Changes
- Proposition 39 Energy-Efficiency Funding by Segment
- K-14 District Pension Contribution Rates and Costs
July 2017
Proposition 98 Overview
Proposition 98 Key Inputs and Outcomes Under 2017-18 Budget Package
(Dollars in Millions)
| 2015-16 | 2016-17 | 2017-18 | |
| Proposition 98 Funding | |||
| General Fund | $49,425 | $50,488 | $52,631 |
| Local property tax | 19,678 | 20,902 | 21,892 |
| Totals | $69,103 | $71,390 | $74,523 |
| Change From Prior Year | |||
| General Fund | -$604 | $1,063 | $2,143 |
| Percent change | -1.2% | 2.2% | 4.2% |
| Local property tax | $2,562 | $1,223 | $991 |
| Percent change | 15.0% | 6.2% | 4.7% |
| Total funding | $1,958 | $2,287 | $3,134 |
| Percent change | 2.9% | 3.3% | 4.4% |
| Operative Test | 2 | 3 | 2 |
| Maintenance Factor | |||
| Amount created (+) or paid (-) | -$433 | $1,315 | -$536 |
| Total outstandinga | 67 | 1,386 | 900 |
| Growth Rates | |||
| K-12 average daily attendance | -0.2% | -0.1% | 0.0% |
| Per capita personal income (Test 2) | 3.8 | 5.4 | 3.7 |
| Per capita General Fund (Test 3)b | 4.2 | 2.8 | 5.0 |
| K-14 cost-of-living adjustment | 1.0 | 0.0 | 1.6 |
| a Outstanding maintenance factor is adjusted annually for changes in K-12 attendance and per capita personal income. | |||
| b As set forth in the State Constitution, reflects change in per capita General Fund plus 0.5 percent. | |||