EdBudget Figures
Related Figures
- Tracking Changes in the Current- and Prior-Year Proposition 98 Guarantee
- Proposition 98 Key Inputs and Outcomes Under Governor's Budget
- Proposition 98 Changes Over the Budget Period
- Contributions to CalSTRS
- District Pension Contribution Rates and Amounts
- Major Proposition 98 Spending Proposals
- 2024-25 Changes in Proposition 98 Spending
- 2023-24 Changes in Proposition 98 Spending
- 2022-23 Changes in Proposition 98 Spending
January 2024
Proposition 98 Overview
Proposition 98 Funding by Segment and Source
Dollars in Millions Except Funding Per Student
| 2022-23 Revised |
2023-24 Revised |
2024-25 Proposed |
Change From 2023-24 | ||
| Amount | Percent | ||||
| K-12 Education | |||||
| General Funda | $60,591 | $68,959 | $70,093 | $1,133 | 1.6% |
| Local property tax | 25,882 | 26,917 | 27,975 | 1,057 | 3.9 |
| Subtotals | $86,473 | $95,877 | $98,068 | $2,191 | 2.3% |
| California Community Colleges | |||||
| General Fund | $7,634 | $8,425 | $8,679 | $255 | 3.0% |
| Local property tax | 3,860 | 4,036 | 4,210 | 175 | 4.3 |
| Subtotals | $11,494 | $12,460 | $12,890 | $430 | 3.4% |
| Reserve Deposit/Withdrawal (+/-)b | $339 | -$2,751 | -$1,878 | $873 | -31.7% |
| Totals | $98,306 | $105,586 | $109,080 | $3,493 | 3.3% |
| Enrollment | |||||
| K-12 attendance | 5,396,404 | 5,401,820 | 5,400,244 | -1,576 | 0.0% |
| Community college FTE students | 1,100,681 | 1,100,417 | 1,098,591 | -1,826 | -0.2 |
| Funding Per Student | |||||
| K-12 Education | $16,024 | $17,749 | $18,160 | $411 | 2.3% |
| California Community Colleges | 10,442 | 11,323 | 11,733 | 410 | 3.6 |
| a Includes funding for instruction provided directly by state agencies and the portion of State Preschool funded through Proposition 98. | |||||
| b Accounts for required and discretionary changes to the Proposition 98 Reserve. Amounts consist entirely of General Fund. | |||||