July 2023

K-12 Education

K-12 Funding by Source

(Dollars in Millions Except Funding Per Student)

    2021-22
Final
 2022-23
Revised
 2023-24
Enacted
Change From 2022-23
Amount Percent
Proposition 98          
General Fund $70,236 $67,786 $68,101 $315 0.5%
Local property tax 23,286 25,455 26,852 1,397 5.5   
   Subtotals $93,521 $93,241 $94,953 $1,712 1.8%
Other State          
Other General Funda $11,528 $9,609 $11,388b $1,778 18.5%
Lottery 1,689 1,432 1,430 -2 -0.1   
Special funds -347 308 503 195 63.5   
   Subtotals $12,871 $11,349 $13,321 $1,972 17.4%
Other Local          
Property taxes for local facility bonds $5,049 $5,650 $5,650 $0 0.0%
Other taxes, fees, and reimbursementsc 5,952 5,600 5,539 -61 -1.1   
   Subtotals $11,001 $11,250 $11,189 -$61 -0.5%
Federal Funds          
One-time aidd $7,119 $3,537 $297 -$3,240 -91.6%
Other federal funds 8,003 7,821 8,024 203 2.6   
   Subtotals $15,122 $11,358 $8,321 -$3,037 -26.7%
      Totals $132,515 $127,199 $127,784 $585 0.5%
           
Studentse 5,349,982 5,356,421 5,371,161 14,740 0.3%
Proposition 98 funding per student $17,481 $17,407 $17,678 $271 1.6   
Total funding per student 24,769 23,747 23,791 44 0.2   
           
a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, and non-Proposition 98 funding for the California State Preschool Program. Also includes one-time facility funding and operational expenses of the California Department of Education and certain other agencies.
b Includes $938 million increase in funding for arts instruction as required by Proposition 28 (2022).
c Includes revenue from property taxes collected in excess of the Local Control Funding Formula allotments, parcel taxes, fees, and local reimbursements.
d Consists of funding from the Coronavirus Aid, Relief, and Economic Security Act (March 2020), the Coronavirus Response and Relief Supplemental Appropriations Act (December 2020), and the American Rescue Plan Act (March 2021).
e Reflects average daily attendance.