EdBudget Figures
Related Figures
- 2015-16 Proposition 98 Changes
- 2016-17 Proposition 98 Changes
- 2017-18 Proposition 98 Changes
- May Revision Increases Proposition 98 Funding Across the Period
- Proposition 98 Multiyear Forecast Under Governor's May Revision
- Proposition 98 Multiyear Forecast Under LAO Revenue Estimates
- K-14 District Pension Contribution Rates and Costs
May 2017
Proposition 98 Overview
May Revision Funds Above the Minimum Guarantee Each Year of Period
(In Millions)
| 2015-16 | 2016-17 | 2017-18 | |
| Estimated Minimum Guaranteea | |||
| General Fund | $48,991 | $50,023 | $52,251 |
| Local property tax | 19,679 | 20,787 | 21,749 |
| Total | $68,671 | $70,810 | $74,000 |
| May Revision Proposed Funding | |||
| General Fund | $49,424 | $50,602 | $52,852 |
| Local property tax | 19,679 | 20,787 | 21,749 |
| Total | $69,103 | $71,390 | $74,601 |
| Difference | |||
| General Fund | $433 | $580 | $601 |
| Local property tax | 0 | 0 | 0 |
| Total | $433 | $580 | $601 |
| a Assumes the state funds at the level required to meet the minimum guarantee each year. Reflects May Revision estimates of General Fund revenue. | |||