January 2023

K-12 Education

K-12 Funding by Source

(Dollars in Millions Except Funding Per Student)

    2021-22 Revised  2022-23 Revised  2023-24 Proposed Change From 2022-23
Amount Percent
Proposition 98          
General Fund $71,130 $69,294 $70,489 $1,195 1.7%
Local property tax 23,273 24,241 25,393 1,151 4.7
Subtotals ($94,403) ($93,535) ($95,881) ($2,346) (2.5%)
Other State          
Other General Funda $10,657 $9,598 $11,076b $1,478 15.4%
Lottery 1,689 1,432 1,430 -2 -0.1
Special funds -347 381 403 22 5.7
Subtotals ($11,999) ($11,412) ($12,910) ($1,498) (13.1%)
Other Local          
Property taxes for local facility bonds $5,049 $5,650 $5,650
Other taxes, fees, and reimbursementsc 7,410 6,994 6,986 -8 -0.1%
Subtotals ($12,459) ($12,644) ($12,636) (-$8) (-0.1%)
Federal Funds          
One-time aidd $8,373 $3,537 -$3,537 -100.0%
Other federal funds 6,748 7,520 $8,297e 777 10.3
Subtotals ($15,122) ($11,057) ($8,297) (-$2,760) (-25.0%)
Totals $133,982 $128,648 $129,724 $1,077 0.8%
           
Studentsf 5,348,132 5,512,717 5,468,175 -44,542 -0.8%
Proposition 98 funding per student $17,652 $16,967 $17,534 $567 3.3
Total funding per student 25,052 23,337 23,724 387 1.7
           
a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, and non-Proposition 98 funding for the California State Preschool Program. Also includes operational expenses of the California Department of Education and certain other agencies.
b Includes $941 million increase in funding for arts instruction as required by Proposition 28 (2022).
c Includes revenue from property taxes collected in excess of the Local Control Funding Formula allotments, parcel taxes, fees, and local reimbursements.
d Consists of funding from the Coronavirus Aid, Relief, and Economic Security Act (March 2020), the Coronavirus Response and Relief Supplemental Appropriations Act (December 2020), and the American Rescue Plan Act (March 2021).
e Increase from 2022-23 primarily reflects additional funding for school meals.
f Reflects average daily attendance.