July 2022
Tracking Changes in the Proposition 98 Guarantee
(In Millions)
2020-21 | 2021-22 | |||||||
June 2020 (Enacted) |
June 2021 (Revised) |
June 2022 (Final) |
Change From June 2021 | June 2021 (Enacted) |
June 2022 (Revised) |
Change From June 2021 | ||
Minimum Guarantee | $70,890 | $93,430 | $96,073 | $2,643 | $93,739 | $110,237 | $16,498 | |
General Fund | $45,066 | $67,685 | $70,204 | $2,520 | $66,374 | $83,677 | $17,302 | |
Local property tax | 25,824 | 25,745 | 25,869 | 124 | 27,365 | 26,560 | -805 |