January 2021

Proposition 98 Overview

Proposition 98 Funding by Segment and Source

Dollars in Millions Except Funding Per Student

  2019-20
Revised		 2020-21
Revised		 2021-22 Proposeda Change From 2020-21
  Amount Percent
K-12 Education          
General Fundb $48,409 $50,021 $52,181 $2,161 4.3%
Local property tax 21,822 22,473 23,672 1,200 5.3   
   Subtotals $70,230 $72,494 $75,854 $3,360 4.6%
California Community Colleges          
General Fund $6,062 $6,174 $6,413 $239 3.9%
Local property tax 3,252 3,414 3,598 184 5.4   
   Subtotals $9,313 $9,588 $10,011 $423 4.4%
Reserve Deposit/Withdrawal (+/-)c – $747 $2,241 $1,494 200.2%
   Totals $79,544 $82,828 $88,105 $5,277 6.4%
           
Enrollment          
K-12 attendance 5,891,369 5,859,694 5,828,073 -31,621 -0.5%
Community college FTE students 1,109,723 1,100,046 1,107,695 7,649 0.7%
Funding Per Student          
K-12 education $11,921 $12,372 $13,015 $644 5.2%
California Community Colleges 8,393 8,716 9,038 321 3.7   
           
a Proposed funding includes $2.3 billion supplemental payment on top of the Proposition 98 guarantee.
b Includes funding for instruction provided directly by state agencies and the portion of state preschool funded through Proposition 98.    
c Proposition 98 Reserve established by Proposition 2 (2014). Amounts consist entirely of General Fund.
FTE = full-time equivalent.