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July 2021

Proposition 98 Overview

Budget Pays Down School and Community College Deferrals

(In Millions)

  K-12
Education
Community Colleges Totals
Payment Deferrals (Enacted June 2020) $11,042 $1,453 $12,495
Deferral Paydowns (Enacted June 2021):a      
Scored to 2019-20 $0 -$145 -$145
Scored to 2020-21 -8,042 -1,079 -9,120
Scored to 2021-22 -3,000 -230 -3,230
   Totals -$11,042 -$1,453 -$12,495
Remaining Deferrals $0 $0 $0
       
a Scoring reflects the year to which the payments are attributed for purposes of meeting the Proposition 98 guarantee. Districts will receive all of the associated cash in 2021-22.