By John Fensterwald
Uncertainty over the impact of a proposed Republican tax cut on the state’s economy and budget is hanging like a cloud over California, but at this point, the Legislative Analyst’s Office is projecting robust growth in state revenue for K-12 schools and community colleges in the coming year.
The LAO is predicting that the schools and community colleges will get $3.2 billion more in 2018-19 under Proposition 98, the constitutional formula that determines minimum school funding. That would be an increase of 4.3 percent, bringing the Prop. 98 total to $77.7 billion, according to the LAO report released Wednesday.
K-12 schools get about 89 percent of Prop. 98 funding, with community colleges getting most of the remainder.