California Spending and Funding for K-12 Education
In light of the LA Teacher’s strike, I have been wondering about California’s funding for K-12 education. In the Governor’s Proposed Budget for 2019-20, the Department of Finance (DOF) reports that California will fund K-12 education at a bit over $17,000 per student in the coming fiscal year. DOF points to very steady and very large increases in K-12 funding growing from $47 billion in FY 2011-12 to $80 billion in FY 2019-20.
We have a wealth of strong Democratic candidates to consider for 2020. So far I find Cory Booker the most accomplished, most inspirational, the gutsiest and most in touch with the directions our nation needs to move.
Governor Newsom has recently proposed to further improve California’s individual market, building on the improvements pioneered in the Affordable Care Act and implemented by Covered California. He mentions three key issues: premium assistance extended to 600% of the federal poverty level (FPL), greater assistance with premium assistance and cost sharing for individuals with incomes less than 400% of FPL, and reinstating the individual mandate. He as yet has given no details.
Revenues for the state General Fund will be up by about $5 billion in the 2019-20 budget to $146 billion. The primary sources of the General Fund are: the personal income tax ($100 billion), the sales tax ($27 billion) and the corporations’ tax ($13 billion).
The Governor is proposing $158 billion, of which $40 billion is state General Fund for Health and Human Services programs. This includes Medi-Cal ($100 billion), public health ($3 billion), State Hospitals ($2 billion), Developmental Services ($7.8 billion), realignment funds from the state to counties ($11.5 billion), IHSS ($12.7 billion), SSI ($2.8 billion), CalWorks ($4 billion), and other ($14 billion).