EdBudget Figures
Related Figures
- 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
- LAO May Outlook Estimates of Proposition 98 Guarantee
- Comparing LAO and May Revision Estimates of the Proposition 98 Guarantee
- Proposition 98 Spending Proposals Under May Revision
May 2023
Proposition 98 Overview
Comparing Proposition 98 Guarantee Under Governor's Budget and May Revision
In Millions
| 2021-22 | 2022-23 | 2023-24 | Three-Year Totals | |
| Governor’s Budget | ||||
| General Fund | $83,630 | $79,103 | $79,613 | $242,345 |
| Local property tax | 26,785 | 27,889 | 29,204 | 83,878 |
| Totals | $110,415 | $106,991 | $108,816 | $326,223 |
| May Revision | ||||
| General Fund | $83,754 | $78,115 | $77,435 | $239,304 |
| Local property tax | 26,800 | 28,656 | 29,404 | 84,861 |
| Totals | $110,554 | $106,771 | $106,839 | $324,165 |
| Change | ||||
| General Fund | $124 | -$987 | -$2,178 | -$3,041 |
| Local property tax | 15 | 767 | 201 | 983 |
| Totals | $139 | -$220 | -$1,977 | -$2,058 |