Wednesday, June 10, 2015

♫ That's the way the money goes...

As we approach June 15 when the legislature must pass a budget, it is worth noting that even as more revenue comes into the state treasury, Prop 98 - which allocates funding for K-14 by formula - tends to absorb it. Here is Brown's easel chart as reproduced by EdSource:
Over the last 3 years, although the May Revise has shown more funding than the January estimate, you can see how K-14 has absorbed it. For more details, see:

No comments: