The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 19, 2025 - Assuming the COLA rate remains at 2.51  percent, the associated cost would be $2.5  billion. Somewhat Higher COLA Rates Projected After 2026 ‑27. Under our forecast, the COLA rate would increase after 2026 ‑27.
https://lao.ca.gov/Publications/Report/5093

^[PDF] Proposition 98: Overview of May Revision Proposals

Increase of $3 billion in Proposition 98 funding.  $2.8 billion for paying down existing K-14 deferrals.  $222 million for student mental health services (responsibility shifted to schools).  General Fund costs only increase by $2.2 billion due to higher property tax revenues ($793 million).
https://lao.ca.gov/handouts/education/2011/Proposition_98_Overview_of_May_Revision_Proposals_052511.pdf

LAO Analysis of the 1998-99 Budget Bill K-12 Education Overview Issues

Proposition  98 funding constitutes about three-fourths of overall K-12 funding. In 1998-99, Proposition  98 funding is projected to increase by $222 per student to $5,635. This is a 4.1  percent increase from the revised 1997-98 per-student amount.
https://lao.ca.gov/analysis_1998/k12_ed_overview_anl98.html

^[PDF] Proposition 98 Overview of May Revision Proposals

Net increase of $656 million due to “rebenching” of Proposition 98 minimum guarantee.  Rebenching raises numerous legal, policy, and implementation issues. Proposition 98 Minimum Guarantee Up $3 Billion From March Level Summary of Changes in 2011-12 Proposition 98 Minimum Guarantee (In Millions) General Fund Adjustments: Baseline General Fund
https://lao.ca.gov/handouts/education/2011/Proposition_98_Overview_of_May_Revision_Proposals_052411.pdf

The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details]

Nov 19, 2025 - The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details] The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges Format: HTML Description: We forecast that increases to the Proposition 98 guarantee in 2024-25 and 2025-26, coupled with a preexisting payment obligation, require the state to provide nearly $7.4 billion in one-time funds for schools and community colleges.
https://lao.ca.gov/Publications/Detail/5093

The 2024-25 California Spending Plan: Proposition 98 and K-12 Education

Sep 16, 2024 - The budget provides $2.5  million in one-time federal funds to continue supporting three HETACs originally established in 2021. Three COEs were selected through a competitive grant process and received $4.5  million for a period of three years.
https://lao.ca.gov/Publications/Report/4929

^[PDF] May Revision Changes to Proposition 98

The May Revision continues to include $222 million in unallocat- ed savings (mostly one-time). Uncertain if these will occur. Corrections (unknown risks). Potential risk associated with federal receivership for inmate medical care.
https://lao.ca.gov/handouts/education/2006/MR_051606.pdf

^[PDF] Real Estate Fraud Prosecution Trust Fund Program

This report and others, as well as an e-mail subscription service, are available on the LAO’s website at www. lao.ca.gov. The LAO is located at 925 L Street, Suite 1000, Sacramento, CA 95814. LAO 70 YEARS OF SERVICE Figure 3 Real Estate Fraud Prosecution Program Expenditure Detailsa 2011-12 (In Thousands) Operation and Support Costs Total Expenditures Alameda $248 — $248 Contra
https://lao.ca.gov/handouts/transportation/2012/Real_Estate_Fraud_10_11_12.pdf

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - Under a scenario where the statutory COLA remains at 5 percent, the dip would be closer to $2.5 billion. Although the Legislature could go about determining its mix of one ‑time and ongoing funding in various ways based on its risk tolerance and spending priorities, one approach would be to set aside at least $2.5 billion for one ‑time activities to mitigate the risk from the higher inflation scenario.
https://lao.ca.gov/Publications/Report/4473

^[PDF] Appendix 2, Figure 1 General Fund Cost Shift Solutions Proposed

Appendix 2, Figure 1 General Fund Cost Shift Solutions Proposed in the 2023–24 May Revision General Fund (In Millions) Description Governor’s Budget May Revision 2021–22 2022–23 2023– 24 2021–22 2022–23 2023–24 Special fund loans — — $850 — — $2,017 ZEV Package shift to GGRF — — 611 — — 1,111 Climate packages—shift to bond — — — $12 $289 655 Active Transportation Program
https://lao.ca.gov/reports/2023/4769/Appendix-2-All-Other-Solutions.pdf