EdBudget Figures
Related Figures
- Contributions to CalSTRS
- Districts' Pension Contribution Rates and Amounts
- Proposition 98 Funding by Segment and Source
- Proposition 98 Key Inputs and Outcomes Under 2023-24 Budget Package
- 2023-24 Budget Act Contains Nearly $4 Billion in Proposition 98 Spending Proposals
- 2022-23 Changes in Proposition 98 Spending
- 2023-24 Changes in Proposition 98 Spending
- 2021-22 Changes in Proposition 98 Spending
July 2023
Proposition 98 Overview
Tracking Changes in the Proposition 98 Guarantee
(In Millions)
| 2021-22 | 2022-23 | |||||||
| June 2021 (Enacted) |
June 2022 (Revised) |
June 2023 (Final) |
Change From June 2022 | June 2022 (Enacted) |
June 2023 (Revised) |
Change From June 2022 | ||
| Minimum Guarantee | $93,739 | $110,237 | $110,554 | $317 | $110,354 | $107,359 | -$2,995 | |
| General Fund | $66,374 | $83,677 | $83,754 | $77 | $82,312 | $78,117 | -$4,195 | |
| Local property tax | 27,365 | 26,560 | 26,800 | 240 | 28,042 | 29,241 | 1,199 | |