May 2026
CCC Proposition 98 Funding Under the Governor's Budget and May Revision
(Dollars in Millions Except Funding Per Student)
| Governor's Budget | May Revision | Change | |
| 2024-25 Revised | |||
| General Fund | $9,794 | $9,744 | -$50 |
| Local property tax | 4,335 | 4,343 | 9 |
| Totals | $14,129 | $14,087 | -$42 |
| FTE studentsa | 1,096,150 | 1,096,150 | — |
| Dollars per FTE student | $12,889 | $12,851 | -$38 |
| 2025-26 Revised | |||
| General Fund | $8,441 | $8,665 | $224 |
| Local property tax | 4,558 | 4,444 | -114 |
| Totals | $12,999 | $13,109 | $110 |
| FTE studentsa | 1,090,231 | 1,090,449 | 218 |
| Dollars per FTE student | $11,923 | $12,022 | $99 |
| 2026-27 Proposed | |||
| General Fund | $9,371b | $9,629 | $258 |
| Local property tax | 4,785 | 4,661 | -123 |
| Totals | $14,156 | $14,290 | $135 |
| FTE studentsa | 1,094,809 | 1,102,230 | 7,421 |
| Dollars per FTE student | $12,930 | $12,965 | $35 |
| a Reflects funded FTE students. | |||
| b Includes $44 million in withdrawals from the Proposition 98 Reserve. | |||
| FTE = full-time equivalent. | |||