January 2020

Proposition 98 Overview

Tracking Changes in Proposition 98 Minimum Guarantee

Dollars in Millions

  2018-19   2019-20
  June 2019 Estimate January 2020 Estimate Change   June 2019 Estimate January 2020 Estimate Change
Minimum Guarantee            
General Fund $54,445 $54,505 $61   $55,891 $56,405 $514
Local property tax 23,701 23,942 241   25,166 25,168 3
   Totals $78,146 $78,448 $302   $81,056 $81,573 $517
               
Operative Test 2 1 yes   1 1 no