July 2021

Proposition 98 Overview

Tracking Changes in the Proposition 98 Guarantee

(In Millions)

  2019-20   2020-21
June 2019
(Enacted)
June 2020
(Revised)
June 2021
(Final)
Change From June 2020 June 2020
(Enacted)
June 2021
(Revised)
Change From June 2020
Minimum Guarantee $81,056 $77,678 $79,329 $1,651   $70,890 $93,430 $22,539
General Fund $55,891 $52,656 $54,483 $1,827   $45,066 $67,685 $22,619
Local property tax 25,166 25,022 24,846 -176   25,824 25,745 -79