January 2024

Proposition 98 Overview

2022-23 Changes in Proposition 98 Spending

(In Millions)

2022-23 Spending in 2023-24 Budget Act $107,359
Technical Adjustments  
LCFF adjustments $671
Transitional kindergarten expansiona -376
Other adjustments 108
Subtotal ($403)
Proposition 98 Reserve -$1,448
Policy Adjustments  
K-12 reductionb -$7,097
Community college reductionb -910
Subtotal (-$8,008)
Total Changes -$9,053
2022-23 Revised Spending $98,306
a Reflects additional LCFF costs associated with serving more students in transitional kindergarten, including costs of lower transitional kindergarten staffing ratios.
b The administration indicates that this reduction will be addressed in trailer legislation.
LCFF = Local Control Funding Formula.