The Blog at CTA

Good News for Schools: Year-to-Date Revenues are Up $136 Million Above Estimates

Our public schools are receiving more good news in the form of the latest announcement from State Controller John Chiang that state revenues are coming in even higher than expected. The increase reflects voter approval of CTA-backed Proposition 30 and a rebounding economy.

In fact, Controller Chiang reported Monday that this year’s state revenues are running $136 million* above earlier estimates. That’s good news for students and schools because California’s funding for schools, as determined by Proposition 98, generally increases as state revenues go up. 

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