May 2021

Proposition 98 Overview

Proposition 98 Funding Changes by Segment and Source

In Millions

  Governor's Budget May Revision Change
2019-20 Revised $79,544 $79,329 -$215
K-12 Education      
General Funda $48,409 $48,419 $11
Local property tax 21,822 21,620 -202
   Subtotals $70,230 $70,039 -$191
California Community Colleges      
General Fundb $6,062 $6,064 $2
Local property tax 3,252 3,226 -25
   Subtotals $9,313 $9,290 -$23
Proposition 98 Reservec - - -
       
2020-21 Revised $82,828 $92,822 $9,993
K-12 Education      
General Funda $50,021 $57,874 $7,853
Local property tax 22,473 22,418 -55
   Subtotals $72,494 $80,292 $7,798
California Community Colleges      
General Fundb $6,174 $7,219 $1,044
Local property tax 3,414 3,327 -87
   Subtotals $9,588 $10,546 $957
Proposition 98 Reservec $747 $1,984 $1,238
       
2021-22 Proposed $88,105 $93,738 $5,633
K-12 Education      
General Funda $52,181 $56,705 $4,523
Local property tax 23,672 23,829 157
   Subtotals $75,854 $80,534 $4,680
California Community Colleges      
General Fundb $6,413 $7,052 $639
Local property tax 3,598 3,535 -62
   Subtotals $10,011 $10,587 $576
Proposition 98 Reservec $2,241 $2,617 $376
       
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.