The 2025-26 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 13, 2025 - Districts Spent $1.6   Billion Through 2023 ‑24 and Report Faster Spending in 2024 ‑25. The December 2024 interim reports show that districts spent $1.6  billion through the first two years of the program (2022 ‑23 and 2023 ‑24).
https://lao.ca.gov/Publications/Report/4963

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

Feb 4, 2026 - Most of the remaining $1.6  billion relates to 2024 ‑25, reflecting the increase in the guarantee and the settle ‑up payment being made that year. Separately from these proposals, the Governor ’s budget also provides $1.2  billion in ongoing Proposition  98 funds to offset the expiration of various one ‑time funds that paid for school programs in the 2025 ‑26 budget.
https://lao.ca.gov/Publications/Report/5110

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Savings Proposals Generates $1.6 Billion School and Community College Settle‑Up Obligation in 2024‑25. The Governor’s budget proposes providing $1.6 billion less in total funding for schools and community colleges than the estimated constitutional minimum funding level for 2024‑25.
https://lao.ca.gov/Publications/Report/4951

The 2021-22 Spending Plan: Child Care and Preschool

Dec 17, 2021 - The budget package includes $783  million in 2021-22 ($1.6  billion ongoing) across state and federal fund sources to provide additional slots for child care. Slots will be spread across the Alternative Payment Program, General Child Care, and Migrant Child Care.
https://lao.ca.gov/Publications/Report/4485

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

May 15, 2017 - This May Revision is unusual because it proposes to fund a total of $1.6 billion above the minimum guarantees across the 2015 ‑16 through 2017 ‑18 period, providing schools with most of the increase identified in state revenue.
https://lao.ca.gov/Publications/Report/3670

Update on the Progress of the CalSTRS Funding Plan

Nov 18, 2021 - Based on these calculations, which CalSTRS’ actuaries complete each year, the state’s share of UAO decreased by around $1.6 billion. This decrease in UAO is due primarily to a budgetary action taken by the state in 2019-20.
https://lao.ca.gov/Publications/Report/4475

The 2024-25 Budget: The Governor’s Proposition 98 Funding Maneuver

Feb 15, 2024 - Starting in 2025 ‑26, the administration would recognize the budgetary costs in increments of $1.6  billion annually for five years. The payments would be scored outside of the state ’s Proposition  98 requirements, meaning they would add to the state ’s projected deficits in those years.
https://lao.ca.gov/Publications/Report/4840

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - While the Legislature could set this fund balance to any amount greater than zero, since 2015 ‑ 16 t he state has enacted balances in the SFEU of around $1. 5  b illion. $1.6   Billion in Ongoing Spending.
https://lao.ca.gov/Publications/Report/4135

The 2020-21 Spending Plan: Proposition 98 and K-12 Education

Oct 29, 2020 - Of this amount, $1.6  billion was for the California State Teachers ’ Retirement System and $660  million was for the California Public Employees ’ Retirement System. (Nearly all school employees are covered by one of these two pension systems.)
https://lao.ca.gov/Publications/Report/4291

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

Nov 16, 2022 - Our outlook accounts for these changes with a $1.6  billion (2.2  percent) downward adjustment to LCFF costs in 2023 ‑24. This  adjustment builds upon our lower revised estimate of LCFF costs in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4648