EdBudget Figures
Related Figures
- Tracking Changes in the Proposition 98 Minimum Guarantee
- Proposition 98 Spending by Segment and Source
- 2016-17 Changes in Proposition 98 Spending
- 2017-18 Changes in Proposition 98 Spending
- 2018-19 Changes in Proposition 98 Spending
- Proposition 98 Key Inputs and Outcomes Under 2018-19 Budget Package
- Contributions to CalSTRS
- Districts' Pension Contribution Rates and Costs
July 2018
Proposition 98 Overview
Proposition 98 Property Tax Estimates Under 2018-19 Budget Package
(Dollars in Millions)
| Change From 2017-18 | |||||
| 2016-17 | 2017-18 | 2018-19 | Amount | Percent | |
| Base property taxes | $19,377 | $20,496 | $21,758 | $1,262 | 6.2% |
| ERAF | 1,438 | 1,316 | 1,306 | -10 | -0.7 |
| RDA dissolution | 1,535 | 1,518 | 1,606 | 88 | 5.8 |
| Excess taxes | -943 | -1,094 | -1,147 | -53 | 4.9 |
| Total | $21,407 | $22,236 | $23,523 | $1,287 | 5.8% |
| ERAF = Educational Revenue Augmentation Fund and RDA = redevelopment agency. | |||||