May 2018

Proposition 98 Overview

Comparing Proposition 98 Funding Under the Governor's Budget and May Revision

(In Millions)

 

2016‑17

2017‑18

2018‑19

Governor’s Budget

     

General Fund

$49,993

$52,741

$54,564

Local property tax

21,397

22,470

23,761

Totals

$71,390

$75,211

$78,324

May Revision

     

General Fund

$50,234

$53,381

$55,025

Local property tax

21,407

22,236

23,368

Totals

$71,642

$75,618

$78,393

Change

     

General Fund

$241

$641

$461

Local property tax

11

‑234

‑393

Totals

$252

$407

$68