July 2022
Proposition 98 Funding by Segment and Source
(Dollars in Millions Except Funding Per Student)
| 2020-21 Final |
2021-22 Revised |
2022-23 Enacted |
Change From 2021-22 | ||
| Amount | Percent | ||||
| K-12 Education | |||||
| General Funda | $59,510 | $70,902 | $71,135 | $233 | 0.3% |
| Local property tax | 22,504 | 23,095 | 24,389 | 1,294 | 5.6 |
| Subtotals | $82,014 | $93,997 | $95,524 | $1,527 | 1.6% |
| California Community Colleges | |||||
| General Fund | $7,392 | $8,786 | $8,953 | $167 | 1.9% |
| Local property tax | 3,365 | 3,465 | 3,653 | 187 | 5.4 |
| Subtotals | $10,757 | $12,251 | $12,606 | $354 | 2.9% |
| Proposition 98 Reserve Depositb | $3,302 | $3,988 | $2,224 | -$1,764 | -44.2% |
| Totals | $96,073 | $110,237 | $110,354 | $117 | 0.1% |
| Enrollment | |||||
| K-12 attendance | 5,871,691 | 5,518,744 | 5,615,432 | 96,688 | 1.8% |
| Community College FTE students | 1,106,356 | 1,104,305 | 1,110,256 | 5,951 | 0.5 |
| Funding Per Student | |||||
| K-12 Education | $13,968 | $17,032 | $17,011 | -$21 | -0.1% |
| California Community Colleges | 9,723 | 11,094 | 11,354 | 259 | 2.3 |
| a Includes funding for instruction provided directly by state agencies and the portion of State Preschool funded through Proposition 98. | |||||
| b Consists entirely of General Fund. | |||||
| FTE = full-time equivalent. | |||||