January 2022

Proposition 98 Overview

Proposition 98 Funding by Segment and Source

Dollars in Millions Except Funding Per Student

   2020-21
Revised		 2021-22
Revised		 2022-23
Proposed		 Change From 2021-22
Amount Percent
K-12 Education          
General Funda $59,562 $60,735 $62,246 $1,512 2.5%
Local property tax 22,527 23,672 25,080 1,408 5.9   
   Subtotals ($82,089) ($84,407) ($87,326) ($2,919) (3.5%)
California Community Colleges          
General Fund $7,392 $7,528 $7,827 $299 4.0%
Local property tax 3,374 3,546 3,766 220 6.2   
   Subtotals ($10,766) ($11,075) ($11,593) ($518) (4.7%)
Reserve Deposit/Withdrawal (+/-)b $3,081 $3,582 $3,061 -$521 -14.5%
   Totals $95,936 $99,064 $101,980 $2,916 2.9%
           
Enrollment          
K-12 attendance 5,871,581 5,711,791 5,715,844 4,053 0.1%
Community college FTE students 1,097,850 1,107,543 1,101,510 -6,033 -0.5   
           
Funding Per Student          
K-12 Education $13,981 $14,778 $15,278 $500 3.4%
California Community Colleges 9,807 9,999 10,524 525 5.3   
           
a Includes funding for instruction provided directly by state agencies and the portion of state preschool funded through Proposition 98.
b Proposition 98 Reserve established by Proposition 2 (2014). Amounts consist entirely of General Fund.     
FTE = full-time equivalent.