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California School Fiscal Services

Providing comprehensive business office and consulting services to K-12 traditional schools and charters

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How much more are school's estimated to get under the May Revise?

Posted on May 15, 2015 at 3:25 PM
The Legislative Analyst’s Office estimates that extra revenue in the May budget revision will raise K-12 Proposition 98 funding to $9,978 per student –$656 per student higher than the inflation-adjusted, pre-recession spending level in 2007-08.

 

The LAO’s per student Prop. 98 estimate for 2014-15 in the graph includes one-time spending of $700 per student more than districts anticipated when they built their 2014-15 budgets; that money, totaling $4.3 billion, will be spent in 2015-16 and subsequent years.


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