FY 2024 Prop 123 And One Time State Aid Supplemental Payment 2
- Tue, Jun 4 2024 •
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- Payment Hot Topics
FY 2024 Prop 123 and One-Time Supplemental Payment 2.
The $75 million additional funding provided by Proposition 123 (Laws 2015, 1st Special Session, Chapter 1) for FY 2024 will be distributed in two payments: $37.5 million on December 4, 2023, and $37.5 million by June 5, 2024. Individual school district and charter allocations are based on the share of statewide weighted attending Average Daily Membership (ADM). The second $37.5 million payment was calculated based on the same ADM used for the FY24 May Classroom Site Fund payment.
The $300 million One-Time State Aid Supplemental additional funding for FY 2024 will be distributed in two payments: $150 million on December 4, 2023, and $150 million by June 5, 2024. The calculation method is the same as for Prop 123 funding, as individual school district and charter allocations are based on the share of statewide weighted attending Average Daily Membership (ADM). The second $150 million payment was calculated based on the same ADM used for the FY24 May Classroom Site Fund payment.
The file below shows the first payment amounts, second payment amounts, and total annual FY 2024 Prop 123 and One-Time State Aid Supplemental amounts per LEA. Districts are listed first by county, followed by charters alphabetically.
District and Charter Prop 123 and One Time State Aid Supplement.xlsx
Please contact the Payments team at [email protected] if you have any questions about this payment.