July 2018
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 |