July 2018

Proposition 98 Overview

Tracking Changes in the Proposition 98 Minimum Guarantee

(In Millions)

  2016-17   2017-18
June 2017 June 2018 Change June 2017 June 2018 Change
Proposition 98 Guarantee $71,390 $71,642 $252   $74,523 $75,618 $1,094
State General Fund $50,488 $50,234 -$254   $52,631 $53,381 $750
Local property tax 20,902 21,407 506   21,892 22,236 344