California's $100 billion surplus: What to know about Newsom's spending plan

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California's $100 billion surplus: What to know about Newsom's spending plan
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'Simply without precedent.' California has $97.5 billion in extra cash to spend in the coming year’s budget

Today’s budget proposal would assuage some of the fiscal concerns from education officials by tweaking the way that school districts get state funding. Under the governor’s plan, districts will have the option of being funded based on a combination of current enrollment and pre-pandemic attendance rates. That’s a change in policy from Newsom’s January budget, which proposed allowing districts to use a three-year daily attendance average.

In total, districts will receive $22,850 per student, a historic high. About $16,991 of that per-pupil funding will come from Proposition 98, a state constitutional amendment that requires the state to set a certain amount of its discretionary funding aside for education. First graders walk to their classroom at Laurel Elementary in Oakland on June 11, 2021. Photo by Anne Wernikoff, CalMatters

He called Newsom’s plan “a good starting point,” but said “it still falls short of reflecting the realities our schools are facing.”

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