Page 91 - FY 2020-21 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Tobacco Settlement

(Thousand Dollars)
2016-17 2017-18 2018-19 2019-20 2020-21
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - 0 - -
AUGUST - - - - - - 0 - -
SEPTEMBE - - - - - - 0 - -
OCTOBER - - - - - - 0 - -
NOVEMBER - - - - - - 0 - -
DECEMBER - - - - - - 0 - -
JANUARY - - - - - - 0 - -
FEBRUARY - - - - - - 0 - -
MARCH - - - - - - 0 - -
APRIL 8,831 10,952 10,616 10,952 10,615 10,615
MAY - - - - - -
JUNE - - - - - -
TOTAL $ 8,831 $ 10,952 $ 10,616 $ 10,952 $ 10,615 $ 10,615
% Change -1.0% 24.0% -3.1% 3.2% 0.0% 0.0%
2016-17 2017-18 2018-19 2019-20 2020-21
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST - - - - - - - -
SEPTEMBE - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER - - - - - - - -
DECEMBER - - - - - - - -
JANUARY - - - - - - - -
FEBRUARY - - - - - - - -
MARCH - - - - - - - -
APRIL 8,831 10,952 10,616 10,952 10,615 10,615
MAY 8,831 10,952 10,616 10,952 10,615 10,615
JUNE 8,831 10,952 10,616 10,952 10,615 10,615
This revenue is part of a settlement in which seven tobacco companies agreed to restrictions on marketing
practices and to pay $206 billion during a 25-year period through 2025 to California, 45 other states, the District of
Columbia and five U.S. territories. In 2000, the State first received California's share of the settlement, estimated
to be more than $0.9 billion annually. Half of the payment goes to California's General Fund. The remainder is
divided based on population, among California's 58 counties and four largest cities for use as decided by each
local government. Major factors for change include the volume of cigarettes shipped, prices, and the relative
population of California counties. Estimates for 2019-20 and 2020-21 are based on prior-year receipts.

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