The 2026-27 Budget: California State University

Feb 24, 2026 - Eliminating these out ‑year augmentations would reduce projected state deficits in 2027 ‑28 and 2028 ‑29 without requiring programmatic cuts or tax increases. Rather than making commitments in advance, the Legislature could determine each year how much support it can afford to provide CSU in light of overall fiscal conditions and competing budget priorities.
https://lao.ca.gov/Publications/Report/5142

The 2026-27 Budget: Higher Education Overview

Feb 5, 2026 - Rather, in the coming months and years, the state will likely have to take significant action to reduce spending on existing ongoing programs, raise additional tax revenues, or find other budget ‑balancing solutions.
https://lao.ca.gov/Publications/Report/5112

The 2026-27 Budget: University of California

Feb 26, 2026 - Eliminating these out ‑year augmentations would reduce projected state deficits in 2027 ‑28 and 2028 ‑29 without requiring programmatic cuts or tax increases. Rather than making commitments in advance, the Legislature could determine each year how much ongoing support it can afford to provide UC in light of overall fiscal conditions and competing budget priorities.
https://lao.ca.gov/Publications/Report/5143

Assessment of the Strong Workforce Program

Dec 10, 2025 - The state pays for apportionments using Proposition  98 funding, which consists of state General Fund and local property tax revenue. Since 2018 ‑19, the state has allocated apportionments to districts using the Student Centered Funding Formula (SCFF).
https://lao.ca.gov/Publications/Report/5098

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

Jan 13, 2025 - Significant Changes to Solutions From June 2024 Budget Package Managed Care Organization (MCO) Tax Package. Some of the largest budget solutions in the June budget package involved the MCO tax, a tax on health plans that supports the Medi ‑Cal program.
https://lao.ca.gov/Publications/Report/4951

CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

The 2025‑26 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 20, 2024 - Regarding local property tax revenue, our estimates are up $789   million relative to the June 2024 estimates. This increase reflects recent data showing an uptick in home sales, which generate additional property tax revenue as properties are reassessed at market value.
https://lao.ca.gov/Publications/Report/4940

The 2025-26 Budget: College of the Law, San Francisco

Mar 10, 2025 - With the state funding, conventional debt financing, and federal historic tax credits, the school indicated it would be able to complete the project and provide 257 beds at below ‑market rents (an estimated 10  percent below market rates).
https://lao.ca.gov/Publications/Report/5014

The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - Section 529 of the Internal Revenue Code allows states to administer college savings accounts that provide certain tax advantages. SIB launched California ’s 529 program, known as Scholarshare 529, in 1999.
https://lao.ca.gov/Publications/Report/5035

The 2023-24 California Spending Plan: Higher Education

Oct 19, 2023 - Early Action Legislation Clarifies Tax Treatment of Certain Types of Financial Aid Awards. In a May early action budget decision, the state enacted Chapter  5 of 2023 (AB  111, Committee on Budget) related to how certain forms of financial aid are treated for state personal income tax purposes.
https://lao.ca.gov/Publications/Report/4809