EdBudget Figures
Related Figures
- Comparing Proposition 98 Guarantee Under Governor's Budget and May Revision
- Proposition 98 Key Inputs and Outcomes Under May Revision
- Proposition 98 Funding Changes by Segment and Source
- Proposition 98 Funding Per Student Under May Revision
- Proposition 98 Spending Proposals Under May Revision
- LAO May Outlook Estimates of Proposition 98 Guarantee
May 2022
Proposition 98 Overview
Comparing LAO and May Revision Estimates of the Proposition 98 Guarantee
Dollars in Millions
| 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | |
| May Revision | |||||
| General Fund | $83,639 | $82,292 | $87,422 | $91,880 | $93,621 |
| Local property tax | 26,560 | 28,042 | 29,335 | 30,623 | 31,991 |
| Totals | $110,199 | $110,334 | $116,757 | $122,502 | $125,612 |
| LAO May Outlook | |||||
| General Fund | $84,382 | $81,935 | $84,877 | $88,203 | $88,468 |
| Local property tax | 26,944 | 29,172 | 31,155 | 32,850 | 33,762 |
| Totals | $111,325 | $111,107 | $116,032 | $121,053 | $122,230 |
| Change (From May Revision to LAO) | |||||
| General Fund | $743 | -$358 | -$2,545 | -$3,677 | -$5,153 |
| Local property tax | 383 | 1,130 | 1,820 | 2,227 | 1,771 |
| Totals | $1,127 | $773 | -$725 | -$1,450 | -$3,382 |