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July 2019
Proposition 98 Funding by Segment and Source
(In Millions)
2017-18 Final |
2018-19 Revised |
2019-20 Enacted |
Change From 2018-19 | ||
Amount | Percent | ||||
K-12 Education | |||||
General Funda | $47,194 | $48,327 | $49,322 | $994 | 2.1% |
Local property tax | 19,644 | 20,645 | 21,921 | 1,276 | 6.2 |
Subtotals | $66,839 | $68,973 | $71,243 | $2,270 | 3.3% |
California Community Colleges | |||||
General Fund | $5,757 | $6,117 | $6,193 | $75 | 1.2% |
Local property tax | 2,980 | 3,056 | 3,244 | 188 | 6.2 |
Subtotals | $8,737 | $9,173 | $9,437 | $264 | 2.9% |
Proposition 98 Reserve Depositb | – | – | $377 | $377 | – |
Totals | $75,576 | $78,146 | $81,056 | $2,910 | 3.7% |
General Fund | $52,951 | $54,445 | $55,890.7 | $1,446 | 2.7% |
Local property tax | 22,625 | 23,701 | 25,166 | 1,464 | 6.2 |
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. |