May 2020

Proposition 98 Overview

Proposition 98 Funding by Segment and Source

(In Millions)

  Governor's Budget May
Revision		 Change
2018-19 Revised $78,448 $78,740 $292
K-12 Education      
General Funda $48,388 $48,628 $240
Local property tax 20,865 20,900 35
   Subtotals $69,253 $69,529 $276
California Community Colleges      
General Fundb $6,117 $6,117 $0
Local property tax 3,077 3,094 17
   Subtotals $9,195 $9,211 $17
Proposition 98 Reservec - - -
       
2019-20 Revised $81,573 $77,374 -$4,199
K-12 Education      
General Funda $49,658 $46,468 -$3,190
Local property tax 21,914 21,830 -85
   Subtotals $71,572 $68,298 -$3,275
California Community Colleges      
General Fundb $6,223 $5,884 -$339
Local property tax 3,254 3,192 -62
   Subtotals $9,477 $9,076 -$401
Proposition 98 Reservec $524 - -$524
       
2020-21 Proposed $84,048 $70,490 -$13,559
K-12 Education      
General Funda $51,239 $39,975 -$11,264
Local property tax 23,040 22,313 -727
   Subtotals $74,279 $62,288 -$11,991
California Community Colleges      
General Fundb $6,372 $4,897 -$1,475
Local property tax 3,435 3,305 -130
   Subtotals $9,807 $8,202 -$1,605
Proposition 98 Reservec -$38 - $38
       
a Includes funding for the portion of State Preschool funded through Proposition 98 and direct instructional services provided by state agencies.
b Includes funding for the Adult Education Program.
c Reflects the size of the deposit (+) or withdrawal (-) from the Proposition 98 Reserve established by Proposition 2 (2014). Amounts consist entirely of General Fund.