What Would a New Community College Funding Guarantee Mean for the Budget?
Proposition 92 would increase the minimum required funding level for K-14 education in years when the Proposition 98 Proposition 98 and Community College Funding Proposition 98, approved by California voters in November 1988, constitutionally guarantees a minimum level of funding for K-12 education; community colleges; and related child development, mental health, and developmental service programs. Proposition 98 states that K-12 education and community colleges shall receive the greater of a fi xed percentage of state General Fund revenues (Test 1) or the amount they received in the prior year, adjusted for enrollment and infl ation (Test 2 and Test 3). Under Test 2, the infl ation factor is the percentage change in the state’s per capita personal income from the preceding year and under Test 3, the infl ation factor is the annual change in per capita state General Fund revenues plus 0.5 percent. In Test 2 and Test 3 years, change in enrollment is calculated based on average daily at
