It’s Time to Act

In 2004, through a ballot initiative, voters required the State to fund 55% of the cost of the total allocation for kindergarten to grade 12 education. To this day, that funding requirement has never been met. According to figures from the Department of Education, for the last eight years funding for public schools has not kept up with the cost of running those schools. In 2015-2016 school year, the state is only paying an estimated 47.5% of its required contribution.

Over the last eight years, the State’s failure to fund 55% of the total allocation for K-12 education equates to a cumulative loss in state funding for public schools of $1.2 Billion. The chart below shows the State’s contribution to education in the last three years.

STATE CONTRIBUTION TOWARD 55% FUNDING

2013-14 (FY 14)

2014-15 (FY 15)

2015-16 (FY 16)

STATE CONTRIBUTION

$942,295,406

$943,846,108

$983,647,195

STATE % OF FUNDING

46.3%

45.8%

46.6%

% CHANGE IN EPS MODEL COSTS

(Essential Programs and Services=formula used to calculate school funding costs)

+2.1%

+1.2%

+2.6%

ADDTIONAL STATE FUNDING NEEDED TO REACH 55%

$176,618,391

$188,528,643

$178,319,173

*FY14, FY15 and FY16 includes normal retirement costs