The 2018-19 Budget: Analysis of the May Revision Education Budget Proposals

May 14, 2018 - Proposition 98 funding per student is $11,428, an increase of $404 (3. 7 p ercent) over the revised 2017 ‑ 18 l evel. Figure 2 Comparing K ‑12 Proposition  98 Funding Under Governor ’s Budget and May Revision (Total Funding in Millions)
https://lao.ca.gov/Publications/Report/3834

The 2018-19 Budget: Proposition 98 Outlook

Nov 15, 2017 - Though we assume total Proposition  98 funding remains unchanged in 2016 ‑17, our estimate of local property tax revenue is up $ 404  m illion (see Figure   2 ). The increase reflects updated property tax data for 2016 ‑17.
https://lao.ca.gov/Publications/Report/3716