Web2 days ago · California lawmakers are considering a proposal by Gov. Gavin Newsom to increase funding for schools with a large share of low-income students. The proposal reworks a bill last year that... WebJul 1, 2024 · In 2024-23, the total increase in Prop. 98 funding alone will be $37.2 billion. Higher education funding also increased by 5% for general funding with new spending planned for Cal Grants, the state’s financial aid program for college students. Most of …
Higher Education Budget Proposals - California
WebJun 30, 2024 · Final Budget: Provides $96.073 billion for 2024-21, $110.199 billion for 2024-22 and $110.334 billion for 2024-23. The Proposition 98 Guarantee rebenched by $614 million to accommodate estimated new transitional kindergarten (TK) enrollments in 2024-23. Local Control Funding Formula WebJan 11, 2024 · California State University CSU and its 23 campuses would receive $537 million in new money under the budget proposal, with $304.1 million in annually recurring dollars. That includes the $211.1 million increase in base funding for the system. expected rate of return on the market
The 2024-23 Budget: Local Control Funding Formula - California
WebMay 12, 2024 · For the 23-campus Cal State system, which educates 485,550 students, Newsom’s budget provides an increase of $304.1 million in ongoing funding for 2024-23, including $211.1 million for the 5%... WebJul 2, 2024 · On Thursday, the administration added $3 billion more for special education, with about $450 million earmarked for children ages 0-5 with disabilities. Identifying children with disabilities early and connecting them to services leads to better outcomes over the long term, according to a 2024 report by Policy Analysis for California Education. WebJan 8, 2024 · The Budget reflects $34 billion in budget resiliency – budgetary reserves and discretionary surplus – including: $15.6 billion in the Proposition 2 Budget Stabilization Account (Rainy Day Fund) for fiscal emergencies; $3 billion in the Public School System Stabilization Account; an estimated $2.9 billion in the state’s operating reserve; and $450 … expected rate of return on an investment