Thursday, June 16, 2016

State budget heads to Gov. Brown: How education fared | EdSource

State budget heads to Gov. Brown: How education fared | EdSource:

State budget heads to Gov. Brown: How education fared

Including the 2016-17 state budget, revenue for K-12 schools and community colleges from Proposition 98 has grown $24.6 billion or 52 percent since 2011-12, the low point of funding following the recession.
CREDIT: JUSTIN ALLEN / EDSOURCE
Including the 2016-17 state budget, revenue for K-12 schools and community colleges from Proposition 98 has grown $24.6 billion or 52 percent since 2011-12, the low point of funding following the recession.
Facing a midnight deadline, the Legislature Wednesday passed a $171 billion state budget for the fiscal year starting July 1 that steers an extra $2 billion that Gov. Jerry Brown demanded into a rainy day reserve and commits an additional half-billion dollars for early childhood education over the next four years. Brown is expected to sign the budget, which his staff negotiated.
Education will fare well. The 4 percent overall  increase in revenue for K-12 districts in 2016-17, while it pales compared with the unusual 11 percent increase last year, is large by historical standards. Forecasts of revenue in coming years are cloudy and will depend on whether a recession happens, as Brown predicts, and whether voters in November re-up Proposition 30, extending an income tax increase on the state’s wealthiest residents.
 Here are some of the big numbers for education in the budget for 2016-17:

PROPOSITION 98

  • $71.9 billion: The Proposition 98 guarantee, the main source of money for K-12 and community colleges. That’s $2.8 billion more than the revised total for 2015-16, and $3.5 billion more than the Legislature appropriated a year ago for the current year.
  • $10,657: Per-student funding, upState budget heads to Gov. Brown: How education fared | EdSource: