January 2024
Tracking Changes in the Current- and Prior-Year Proposition 98 Guarantee
In Millions
2022-23 | 2023-24 | ||||||
June 2023 Estimate | January 2024 Estimate | Change | June 2023 Estimate | January 2024 Estimate | Change | ||
Minimum Guarantee | $107,359 | $98,306 | -$9,053 | $108,312 | $105,586 | -$2,725 | |
General Fund | $78,117 | $68,563 | -$9,554 | $77,457 | $74,633 | -$2,824 | |
Local property tax | 29,241 | 29,742 | 501 | 30,854 | 30,953 | 99 |