EdBudget Figures
Related Figures
- Tracking Changes in the Proposition 98 Minimum Guarantee and Spending
- Proposition 98 Funding by Segment and Source
- Proposition 98 Key Inputs and Outcomes Under 2019-20 Budget Package
- 2018-19 Changes in Proposition 98 Spending
- 2019-20 Changes in Proposition 98 Spending
- Contributions to CalSTRS
- Districts' Pension Contribution Rates and Amounts
- Changes to Districts' Contribution Rates
- State Payments Made on Behalf of School and Community College Districts
July 2019
Proposition 98 Overview
Proposition 98 Property Tax Estimates Under 2019-20 Budget Package
(Dollars in Millions)
| Change From 2018-19 | |||||
| 2017-18 | 2018-19 | 2019-20 | Amount | Percent | |
| Property tax components: | |||||
| Base property taxes | $20,683 | $21,739 | $23,089 | $1,350 | 6.2% |
| ERAF | 1,153 | 1,122 | 1,283 | 161 | 14.3 |
| RDA dissolution | 1,897 | 2,041 | 2,125 | 84 | 4.1 |
| Excess taxes | -1,109 | -1,200 | -1,331 | -130 | 10.9 |
| Total | $22,625 | $23,701 | $25,166 | $1,464 | 6.2% |
| ERAF = Educational Revenue Augmentation Fund. RDA = redevelopment agency. | |||||