The 2022-23 Budget: Update on K-12 Student Attendance

May 11, 2022 - The preliminary P‑1 data we discussed in this post includes attendance data through December, prior to the significant surge in COVID‑19 cases from the Omicron variant. Information from specific school districts suggests that attendance rates in January and February were significantly lower than in the fall due to COVID‑19 cases and associated quarantines.
https://lao.ca.gov/Publications/Report/4595

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

Nov 17, 2021 - We also explored a variant of our main forecast in which the minimum guarantee is unchanged but the statutory COLA is 5 percent per year from 2023 ‑24 through 2025 ‑26. Baseline costs grow more quickly in this scenario, reducing the amount available for new commitments to about $7 billion in 2023 ‑24 and about $9 billion in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4473

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

Nov 16, 2022 - We think much of this drop reflects the emergence of the Omicron variant of COVID ‑19 in the middle of the 2021 ‑22 school year. Our outlook assumes districts recover about half this drop in 2022 ‑23, with incremental improvements in subsequent years.
https://lao.ca.gov/Publications/Report/4648

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - On January 10, 2022, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Report/4492

The 2019-20 May Revision: Analysis of the May Revision Education Proposals

May 15, 2019 - Given these proposed changes (or related variants of these proposals currently being considered that also promote greater funding stability), we see no strong rationale for why the hold harmless provision needs to be extended for an additional year at this time.
https://lao.ca.gov/Publications/Report/4048