January 2024

Proposition 98 Overview

2023-24 Changes in Proposition 98 Spending

(In Millions)

2023-24 Budget Act Proposition 98 Spending $108,312
Technical Adjustments  
LCFF adjustments $1,077
Transitional kindergarten expansiona -245
Other adjustments 31
Subtotal ($863)
Proposition 98 Reserve -$3,653
Policy Adjustments  
K-12 universal school meals $65
Total Changes -$2,725
2023-24 Revised Proposition 98 Spending $105,586
a Reflects additional LCFF costs associated with serving more students in transitional kindergarten, including costs of lower transitional kindergarten staffing ratios.
LCFF = Local Control Funding Formula and CCC = California Community Colleges.