EdBudget Figures
Related Figures
- Tracking Changes in the Proposition 98 Minimum Guarantee
- Proposition 98 Funding by Segment and Source
- Proposition 98 Key Inputs and Outcomes Under Governor's Budget
- 2016-17 Changes in Proposition 98 Spending
- 2017-18 Changes in Proposition 98 Spending
- 2018-19 Changes in Proposition 98 Spending
- K-14 District Pension Contribution Rates and Costs
- Governor's Budget Contains $6.3 Billion in Proposition 98 Spending Proposals
- Contributions to CalSTRS
- Active Education Mandates
- Funding for Education Mandates Backlog Since 2010-11
- Most of Governor's Proposed Discretionary Funding Would Not Count Towards Mandates Backlog
- Mandate Block Grant Per-Student Funding Rates
- Total Proposition 39 Energy Efficiency Funding by Segment
- Distribution of Outstanding Mandate Claims
- Governor Proposes $1.8 Billion Payment Toward K-12 Mandates Backlog
January 2018
Proposition 98 Overview
Proposition 98 Property Tax Revenue Estimates Under Governor's Budget
(Dollars in Billions)
| 2016-17 | 2017-18 | 2018-19 | |
| Base property tax revenue | $19.4 | $20.6 | $21.8 |
| ERAF | 1.6 | 1.5 | 1.5 |
| RDA dissolution | 1.4 | 1.5 | 1.6 |
| Excess taxes | -0.9 | -1.0 | -1.1 |
| Total local property tax revenue | $21.4 | $22.5 | $23.8 |
| Year-over-year change | |||
| Amount | $1.7 | $1.0 | $1.3 |
| Percent | 8.8% | 4.9% | 5.7% |
| Difference from Budget Act | $0.5 | $0.6 | $0.8 |
| Growth in assessed property value | 5.3% | 6.0% | 5.6% |
| ERAF = Educational Revenue Augmentation Fund. RDA = Redevelopment agency. | |||