The 2019-20 Budget: Proposition 98 Outlook

Nov 14, 2018 - The 2019-20 Budget: Proposition 98 Outlook 469 $469 a Excludes non ‑tax revenues and transfers, which do not affect the calculation of the minimum guarantee. b As set forth in the State Constitution, reflects change in per capita General Fund plus 0.5  percent.
https://lao.ca.gov/Publications/Report/3897

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

Nov 17, 2021 - Make Optional Proposition 98 Reserve Deposit. An additional one ‑time deposit into the Proposition 98 Reserve would increase the protection for ongoing programs in the event of an economic downturn, reducing the likelihood of cuts or deferrals.
https://lao.ca.gov/Publications/Report/4473

The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - In the case of the Proposition 98 Reserve, reserve withdrawals are sometimes required, especially in tighter fiscal times. Proposition 2 This Year, Most Declines in BSA ‑Related Requirements Do Not Impact Budget ’s Bottom Line.
https://lao.ca.gov/Publications/Report/4819

Rethinking California's Reserve Policy

Apr 10, 2025 - This method also accounts for the fact that, due mainly to other constitutional spending requirements, revenue losses do not result in deficits on a 1:1 basis. This is in particular due to Proposition  98 (1988), in which required spending on schools and community colleges tends to fall when revenues decline.
https://lao.ca.gov/Publications/Report/5028

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - We do not make a similar adjustment because those costs do not reflect current law and policy. (If we had included these amounts in baseline spending, the budget problem would have been larger.) On the other hand, we do reflect spending on school facilities of $2  billion in 2023 ‑24 and $875  million in 2024 ‑25, and broadband spending of $300
https://lao.ca.gov/Publications/Report/4646

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - When changes in costs do not occur automatically under current policy, we count them as budget solutions or augmentations. We take this approach in order to provide the Legislature visibility into the full scope of the administration ’s choices.
https://lao.ca.gov/Publications/Report/5044

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - Using those calculated SAL requirements, we estimated Special Fund for Economic Uncertainties (SFEU) balances for each scenario that: Assumed Proposition   98 Spending Would Remain in Test 1. We assumed Proposition  98 spending was a fixed share of General Fund taxes (38.028  percent), with slight variation by year to account for the effects of the state ’s Transitional Kindergarten policy.
https://lao.ca.gov/Publications/Report/4583

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - When cost changes do not occur automatically under current policy, we classify them as either budget solutions or discretionary augmentations. Budget Package Addressed a Nearly $15   Billion Budget Problem.
https://lao.ca.gov/Publications/Report/5079

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - For example, the minimum funding level for schools and community colleges is set by the constitutional requirements of Proposition  98 (1988). While the Legislature can change how funds within Proposition  98 are distributed, funding less than the constitutional minimum in any particular year requires a two-thirds vote and creates a future obligation for more school funding in subsequent budgets.
https://lao.ca.gov/Publications/Report/4983

The 2022-23 Budget: Overview of Proposition 98 Proposals [Publication Details]

Jan 27, 2022 - The 2022-23 Budget: Overview of Proposition 98 Proposals [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4502