The 2017-18 Budget: Analysis of the May Revision Education Proposals

May 15, 2017 - For 2015 ‑16, the result, when combined with several smaller adjustments, is a $433  million increase in spending relative to the January budget. For 2016 ‑17, spending is $859  million higher because the state no longer defers the LCFF payment but $324  million lower because costs are no longer shifted from 2015 ‑ 16 —for a $535  million net increase.
https://lao.ca.gov/Publications/Report/3670