January 2021
Tracking Changes in the Proposition 98 Minimum Guarantee
Dollars in Millions
2019-20 | 2020-21 | ||||||
June 2020 Estimate | January 2021 Estimate | Change | June 2020 Estimate | January 2021 Estimate | Change | ||
Minimum Guarantee | |||||||
General Fund | $52,656 | $54,470 | $1,815 | $45,066 | $56,942 | $11,876 | |
Local property tax | 25,022 | 25,073 | 51 | 25,824 | 25,887 | 62 | |
Totals | $77,678 | $79,544 | $1,866 | $70,890 | $82,828 | $11,938 | |
Operative Test | 1 | 1 | no | 1 | 1 | no |