July 2021

Proposition 98 Overview

Proposition 98 Funding by Segment and Source

(Dollars in Millions Except Funding Per Student)

   2019-20
Final		 2020-21
Revised		 2021-22
Enacted		 Change From 2020-21
Amount Percent
K-12 Education          
General Funda $48,419 $58,500 $56,694 -$1,806 -3.1%
Local property tax 21,620 22,418 23,829 1,411 6.3   
   Subtotals $70,039 $80,918 $80,523 -$395 -0.5%
California Community Colleges          
General Fund $6,064 $7,296 $7,063 -$232 -3.2%
Local property tax 3,226 3,327 3,535 208 6.3   
   Subtotals $9,290 $10,622 $10,598 -$24 -0.2%
Proposition 98 Reserve Depositb – $1,889 $2,617 $728 38.5%
   Totals $79,329 $93,430 $93,739 $309 0.3%
           
Enrollment          
K-12 attendance 5,896,938 5,871,650 5,754,927 -116,723 -2.0%
Community College FTE students 1,113,324 1,097,490 1,104,666 7,176 0.7%
Funding Per Student          
K-12 Education $11,877 $13,781 $13,992 $211 1.5%
California Community Colleges 8,344 9,679 9,594 -85 -0.9%
           
a Includes funding for instruction provided directly by state agencies and the portion of State Preschool funded through Proposition 98.
b Consists entirely of General Fund.        
FTE = full-time equivalent.