The 2017-18 Budget: Overview of the Governor’s Proposition 98 Budget Package

Jan 13, 2017 - In addition, non-Proposition 98 spending is growing somewhat less quickly than assumed last June, such that the supplemental appropriation required by the equal pai n/equal gain formula has shrunk. Though the administration has revised its estimate of 2016-17 General Fund revenue down by $1.6 billion, the almost equally sized revenue drop in 2015-16 results in the year-to-year growth rate remaining at 3.6 percent.
https://lao.ca.gov/Publications/Report/3530