July 2020
Tracking Changes in the Proposition 98 Guarantee
(In Millions)
2018-19 | 2019-20 | ||||||
June 2019 | June 2020 | Change | June 2019 | June 2020 | Change | ||
Minimum Guarantee | $78,146 | $78,522 | $376 | $81,056 | $77,678 | -$3,379 | |
General Fund | $54,445 | $54,746 | $301 | $55,891 | $52,656 | -$3,235 | |
Local property tax | 23,701 | 23,776 | 75 | 25,166 | 25,022 | -144 |