To authorize an “omnibus” education budget for the fiscal year that begins on Oct. 1, 2015. This would authorize $393.8 million for community colleges, $1.541 billion for state universities, and $13.958 billion for K-12 public schools, or $15.294 billion in total. This reflects the executive budget recommendation for the 2015-2016 fiscal year. House Bill 4315 and Senate Bill 202 would authorize spending for the rest of state government. Spending in both bills comes to $53.869 billion, or slightly less when adjusted to reflect interdepartment transfers, of which $22.6 billion is federal money.   Official Text and Analysis.