May 2021
Comparing Proposition 98 Funding Under Governor's Budget and May Revision
In Millions
2019-20 | 2020-21 | 2021-22 | Three-Year Totals | |
Governor’s Budget | ||||
General Fund | $54,470 | $56,942 | $60,835a | $172,247 |
Local property tax | 25,073 | 25,887 | 27,270 | $78,230 |
Totals | $79,544 | $82,828 | $88,105 | $250,477 |
May Revision | ||||
General Fund | $54,483 | $67,077 | $66,374 | $187,933 |
Local property tax | 24,846 | 25,745 | 27,365 | 77,956 |
Totals | $79,329 | $92,822 | $93,738 | $265,889 |
Change | ||||
General Fund | $12 | $10,135 | $5,538 | $15,686 |
Local property tax | -227 | -142 | 95 | -274 |
Totals | -$215 | $9,993 | $5,633 | $15,412 |
a Includes $2.3 billion statutory supplemental payment. The May Revision proposes to eliminate this payment. |