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

Feb 4, 2026 - First, the budget faces short ‑term forecasting risk. Specifically, the state could adopt a spending level that appears affordable based on current revenue estimates, but becomes unaffordable if revenue falls short of expectations.
https://lao.ca.gov/Publications/Report/5110

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

Nov 19, 2025 - When the state faced significant revenue drops in 2022 ‑23 and 2023 ‑24, it used several tools to sustain ongoing school and community college programs. Most  notably, it withdrew $9.5  billion from the Proposition  98 Reserve.
https://lao.ca.gov/Publications/Report/5093

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

Feb 15, 2024 - After a couple years of surpluses, the state faced a deficit last year and continues to face deficits now and into future years. We estimate the administration addressed a $58  billion budget problem in the Governor ’s budget.
https://lao.ca.gov/Publications/Report/4840

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - Both our office and the administration project that the state faces a manageable budget problem this year. The Governor addresses the budget problem primarily with spending ‑related solutions, as shown in the figure below.
https://lao.ca.gov/Publications/Report/4662

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - As we discuss in the “Overview ” section of this report, we recommend the Legislature be cautious about new spending commitments in order to provide a cushion in case the state faces a decline in revenues.
https://lao.ca.gov/Publications/Report/5131

The 2021-22 Budget: California's Fiscal Outlook

Nov 18, 2020 - The bulk of likely outcomes are below the breakeven point, suggesting the budget is quite likely to face an operating deficit under current law and policy.
https://lao.ca.gov/Publications/Report/4297

The 2025-26 Budget: California State University

Feb 25, 2025 - The Center shared with us that it does not have a problem with receiving applications, but it does face challenges in getting candidates to accept offers. The Center cites that one reason candidates decline offers is due to the salary amount.
https://lao.ca.gov/Publications/Report/4989

Update on State and School District Reserves

Apr 5, 2020 - If the state faces a budget problem for either (or both) 2019 ‑20 or 2020 ‑21, the conditions for a fiscal emergency likely will be met. Good Argument That Legislature Can Access Optional BSA Balance by Majority Vote.
https://lao.ca.gov/Publications/Report/4216

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

Feb 13, 2025 - The state faced a revenue shortfall in 2023 ‑24, accompanied by a drop in Proposition  98 funding for schools. To help address the shortfall, the June 2023 budget implemented a $1.1  billion (14.3  percent) reduction to the LREBG.
https://lao.ca.gov/Publications/Report/4963

Climate Change Impacts Across California - K-12 Education

Apr 5, 2022 - Such costs might include relocating schools to temporary locations, repairing or rebuilding damaged schools, purchasing and deploying protective equipment such as sandbags to prevent flooding, or providing staff and students with face masks to protect from smoke.
https://lao.ca.gov/Publications/Report/4586