I hate to quibble with you Fishmonger (I do enjoy some quibbling with others now and then), but technically it's 27% of "normal" in the southern Sierra for an average Feb 1st. The 19% you cite is relative to the average April 1 water content, April 1 being the last snow survey of the season.
We're well below normal and nothing big on the horizon. Only a Miracle March could make a difference at this point. The mighty Groundhog says wildflowers and mosquitoes will start early, creek crossings will be easier, and fires will be raging this summer and fall.