FY 2024 Prop 123 And One Time State Aid Supplemental Payment 1

FY 2023 Prop 123 and One Time Supplemental Payment 1

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 by November 30, 2023 and $37.5 million in May 2024. Individual school district and charter allocations are based on the share of statewide weighted attending Average Daily Membership (ADM). The first $37.5 million payment was calculated based on the same ADM that was used for the FY24 November Classroom Site Fund payment.

Additionally, the $300 million One Time State Aid Supplemental additional funding for FY 2024 will also be distributed in two payments: $150 million by November 30, 2023 and $150 million in May 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 first $150 million payment was calculated based on the same ADM that was used for the FY24 November Classroom Site Fund payment.

The file linked below will show the first payment amount and total estimated 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

Please contact the School Finance Payment Team at [email protected] if you have any questions about this payment.