Organizational Systems and Leadership: School Finance in CA Flashcards
School Finance in CA
State spending on public schools comes almost entirely from the state’s General Fund and is the largest program in the state budget, receiving more than _____% of the state’s General Fund resources.
40
Overall spending for CA public schools is about $68 billion including both ______ funds and other funding sources.
federal
The state budget directs how education funds are to be spent, but at the local level, budgets and fund allocations are set by _____ _______ .
school boards
Proposition 13 was an initiative by which voters amended the Constitution of CA in 1978. It decreased _______ _______ by assessing property values at their 1975 values. It restricted annual increases of assessed value of real property to an inflation factor not to exceed ____% per year.
property taxes
2
Prop 13 also prohibited reassessment of a new base year value except for in cases of: _______________________ or ______________________. This greatly impacted public schools because schools could no longer rely _______ _______ on for funding. Funding was switched over to the ______ ______, which comes from ______ ______.
change of ownership or completion of new construction.
property taxes
General Fund/ sales tax
In 1988, CA voters passed Prop 98, which constitutionally guarantees a minimum level of funding for:
K-12 education, community colleges, child development programs, mental health, and developmental service programs (including regional centers).