In a crowded field of 17 propositions on the statewide ballot,
  voters clearly saw the value of publicly funded education and
  passed CFT’s top priority, Proposition 55, with an impressive
  24-point margin.
  Prop 55 will ensure continued funding for schools and community
  colleges at the rate of roughly $8 billion a year by maintaining
  the existing income tax on the wealthiest Californians through
  2030. Victory on Prop 55 was critical, and now districts and
  unions will be able to determine spending without the fear of
  layoffs, program cuts or eliminations, or student fee increases.