May 2018
Proposition 98 Overview
Comparing Administration's and LAO's Proposition 98 Outlooks
(Dollars in Millions)
| 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | |
| May Revision | |||||
| General Fund | $53,381 | $55,025 | $56,417 | $56,660 | $57,517 |
| Local property tax | 22,236 | 23,368 | 24,759 | 26,046 | 27,369 |
| Total | $75,618 | $78,393 | $81,176 | $82,706 | $84,886 |
| LAO Outlook | |||||
| General Fund | $53,189 | $54,105 | $54,909 | $57,198 | $59,776 |
| Local property tax | 22,399 | 23,864 | 25,334 | 26,870 | 28,442 |
| Total | $75,588 | $77,970 | $80,243 | $84,067 | $88,218 |
| Difference | |||||
| General Fund | -$193 | -$920 | -$1,508 | $538 | $2,259 |
| Local property tax | 163 | 496 | 575 | 824 | 1,073 |
| Total | -$30 | -$423 | -$933 | $1,362 | $3,332 |