EdBudget Figures
Related Figures
- Comparing Proposition 98 Guarantee Under Governor's Budget and May Revision
- Proposition 98 Funding Changes by Segment and Source
- Proposition 98 Key Inputs and Outcomes Under the May Revision
- Proposition 98 Funding Per Student Under May Revision
- LAO May Outlook Estimates of Proposition 98 Guarantee
May 2025
Proposition 98 Overview
Comparing LAO and May Revision Estimates of the Proposition 98 Guarantee
Dollars in Millions
| 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | |
| May Revision | |||||
| General Fund | $86,620 | $80,747 | $82,545 | $87,351 | $92,689 |
| Local property tax | 32,317 | 33,821 | 35,556 | 37,450 | 38,948 |
| Totals | $118,938 | $114,568 | $118,100 | $124,801 | $131,637 |
| LAO May Outlook | |||||
| General Fund | $86,524 | $81,634 | $85,179 | $91,466 | $96,131 |
| Local property tax | 32,699 | 34,243 | 35,309 | 36,586 | 38,464 |
| Totals | $119,223 | $115,876 | $120,488 | $128,052 | $134,595 |
| Difference (LAO May Minus May Revision) | |||||
| General Fund | -$97 | $886 | $2,635 | $4,116 | $3,442 |
| Local property tax | 382 | 422 | -247 | -864 | -484 |
| Totals | $285 | $1,308 | $2,388 | $3,251 | $2,958 |