EdBudget Figures
Related Figures
- LAO Estimates of Proposition 98 Guarantee Under U-Shaped Scenario
- LAO Estimates of Proposition 98 Guarantee Under L-Shaped Scenario
- Outlook for K-14 Statutory Cost-of-Living Adjustment Under Two Scenarios
- Comparing Costs of Existing Programs With LAO Estimates of the Minimum Guarantee
Spring 2020
Proposition 98 Overview
Comparing LAO Estimates of the Proposition 98 Guarantee With Governor’s Budget
(In Millions)
| Governor's January Budget |
LAO Spring Outlook | Change From January | |||||
| U-Shaped Scenario | L-Shaped Scenario | U-Shaped Scenario | L-Shaped Scenario | ||||
| 2018-19 | $78,448 | $78,508 | $78,508 | $61 | $61 | ||
| General Fund | 54,505 | 54,493 | 54,493 | -12 | -12 | ||
| Local property tax | 23,942 | 24,015 | 24,015 | 73 | 73 | ||
| 2019-20 | $81,573 | $78,328 | $77,846 | -$3,245 | -$3,727 | ||
| General Fund | 56,405 | 53,370 | 52,926 | -3,035 | -3,479 | ||
| Local property tax | 25,168 | 24,958 | 24,921 | -210 | -248 | ||
| 2020-21 | $84,048 | $73,884 | $69,100 | -$10,164 | -$14,948 | ||
| General Fund | 57,573 | 48,031 | 43,318 | -9,542 | -14,255 | ||
| Local property tax | 26,475 | 25,853 | 25,782 | -622 | -693 | ||
| Three-Year Totals | $244,069 | $230,720 | $225,455 | -$13,349 | -$18,614 | ||
| General Fund | 168,484 | 155,893 | 150,737 | -12,590 | -17,747 | ||
| Local property tax | 75,586 | 74,827 | 74,718 | -759 | -868 | ||