May 2019

Proposition 98 Overview

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

(In Millions)

  2017-18 2018-19 2019-20
Governor’s Budget      
General Fund $52,887 $54,028 $55,295
Local property tax 22,610 23,839 25,384
   Totals $75,498 $77,867 $80,680
       
May Revision      
General Fund $52,951 $54,445 $55,904
Local property tax 22,625 23,701 25,166
   Totals $75,576 $78,146 $81,069
       
Change      
General Fund $64 $417 $608
Local property tax 14 -138 -219
   Totals $78 $279 $389