Page 8 shows chart of K-14 funding over the years. It is $47B for 2011-12. Proposed to go up $53.7B in 2012-13 if the taxes pass. (That will be $2.9B above the statutory limit of prop-98. The prop-98 limit itself does increase by $3.7 because of higher revenue – which is what the Mercury News is alluding to .. Perhaps.)
If taxes don’t pass then Brown will take $5.5B away and schools will be left with 53.7-5.5=$48.2B. That is still $1.2B (or 2.5%) more than 2011-12.
