The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - Moreover, these estimates exclude the future cost of providing the $5.6   billion payment. Making that payment in next year ’s budget, for example, would increase the deficit to about $32   billion (holding other factors constant).
https://lao.ca.gov/Publications/Report/5110

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan [Publication Details]

Feb 4, 2026 - This brief examines the estimates of the Proposition 98 guarantee in the Governor’s budget and assesses the overall structure of the Governor’s school spending plan. It also examines a few of the larger spending proposals and the proposal to delay a $5.6 billion settle-up payment.
https://lao.ca.gov/Publications/Detail/5110

A Review of the CalSTRS Funding Plan: State’s Future Responsibility for CalSTRS Uncertain

Feb 2, 2016 - Figure 1 displays CalSTRS ’ projections of the state and district shares of unfunded liabilities under a sample of simulations reflecting average investment returns of between 5.6 percent and 10.9 percent.
https://lao.ca.gov/Publications/Report/3336

The 2025-26 Budget: California State University

Feb 25, 2025 - In 2024 ‑25, the Center received $5.6  million ongoing General Fund support. The Center has 12 authorized positions. Center ’s Primary Responsibility Is to Administer the Capital Fellows Program. The  largest program the Center administers is the Capital Fellows program.
https://lao.ca.gov/Publications/Report/4989

The 2017-18 Budget: Analysis of the May Revision Education Proposals

May 15, 2017 - Whereas we estimate that assessed values will grow by 5.6  percent, the administration estimates growth of 5.3  percent. Alternatives Weighing Proposition 98 and Non ‑Proposition  98 Priorities Typically Starting Point in Building Overall Budget Package.
https://lao.ca.gov/Publications/Report/3670

The 2023-24 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 16, 2022 - Increases in the guarantee become larger after 2023 ‑24, with year ‑over ‑year growth of 4.9  percent in 2024 ‑25, 5.6  percent in 2025 ‑26, and 7.9  percent in 2026 ‑27. By 2026 ‑27, the guarantee would be $129.3  billion, an increase of $22.6  billion (21.1  percent) compared with the revised 2022 ‑23 level.
https://lao.ca.gov/Publications/Report/4648