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

Jan 13, 2020 - Governor Has a $6   Billion Surplus to Allocate. We estimate the Governor had a $6  b illion surplus to allocate in the 2020 ‑ 21 b udget process. (The box below gives more information on how we use the term “surplus ” in the Overview of the Governor ’s Budget .)
https://lao.ca.gov/Publications/Report/4135

The 2026-27 Budget: California State University

Feb 24, 2026 - In 2020‑21 and 2021‑22, the state applied certain supplemental payments towards CalPERS costs, which lowered rates to 29 percent. Since then, rates have generally stabilized around 32 percent. Spending Increases for Financial Aid Are Primarily Due to Tuition Increases.
https://lao.ca.gov/Publications/Report/5142

The 2026-27 Budget: University of California

Feb 26, 2026 - As Figure  6 shows, UC core fund balances as a share of its annual core fund expenditures have been as low as 1.8  percent in 2008 ‑09 and as high as 23  percent in 2012 ‑13. UC reserves dropped notably at the onset of the Great Recession.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - The CCC Board of Governors adopted the current scoring system in September 2020. Scoring System Includes Three Project Categories. Under its current scoring system, the Chancellor ’s Office allocates available bond funding across three project categories: life safety, modernization, and growth.
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - As Figure  2 shows, the BPPE Fund is projected to become insolvent in 2027-28 regardless of whether the state provides the proposed General Fund appropriation. (This appropriation would have a small impact on BPPE ’s near-term fiscal condition, as it covers loan repayment costs that would otherwise be spread across the next six years.)
https://lao.ca.gov/Publications/Report/5169

The 2026-27 Budget: Higher Education Overview

Feb 5, 2026 - Recommend Holding Enrollment Flat at Universities in 2027 ‑28. Given the sizeable projected deficit in 2027 ‑28, we recommend holding enrollment expectations flat for UC and CSU that year. Setting higher enrollment targets for the segments without providing them funding comes with downsides.
https://lao.ca.gov/Publications/Report/5112

California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - Prior to 2020 ‑21, the largest upward revision to the minimum guarantee (relative to the enacted budget) was $6. 3  b illion (10. 3  p ercent) in 2014 ‑15. Compared with the estimates of the minimum guarantee in the June 2020 b udget plan, we estimate the 2020 ‑21 guarantee is up $13. 1  b illion (18. 5  p ercent).
https://lao.ca.gov/Publications/Report/4307

The 2024-25 Budget: California State University

Feb 15, 2024 - Within this preliminary spending plan, 59  percent of new spending is for employee salaries and benefits, 28  percent is related to expanding enrollment and student support programs, and the remaining 13  percent is for other operating cost increases.
https://lao.ca.gov/Publications/Report/4842

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

Nov 16, 2022 - Throughout  this report, we account for Proposition  28 in our estimates of school spending and our estimates of the minimum guarantee. Proposition 28 (2022) Establishes New Program to Fund Arts Education.
https://lao.ca.gov/Publications/Report/4648

The 2021-22 Spending Plan: Higher Education

Oct 11, 2021 - Under previous state law, students were guaranteed a Cal Grant award only if they were recent high school graduates or transfer students under age 28, while older students were considered for a limited number of competitive awards.
https://lao.ca.gov/Publications/Report/4461