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January 2018

Proposition 98 Overview

Tracking Changes in the Proposition 98 Minimum Guarantee

(In Millions)

  2016-17a   2017-18
  June 2017 Estimate January 2018 Estimate Change   June 2017 Estimate January 2018 Estimate Change
Minimum Guarantee              
General Fund $50,488 $49,993 -$495   $52,631 $52,741 $109
Local property tax 20,902 21,397 495   21,892 22,470 578
Totals $71,390 $71,390   $74,523 $75,211 $687
               
a Includes General Fund provided on top of the minimum guarantee.