The 2026-27 Budget: University of California

Feb 26, 2026 - In 2024 ‑25, UCRP ’s funded status (comparing assets to liabilities) was 85  percent and is expected to reach  90  percent in 2025 ‑26. UCRP ’s funded status has tended to be better than other California state retirement plans.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - In addition to this mandatory withdrawal, the Governor ’s budget also includes mandatory deposits into the reserve in 2024 ‑25 and 2025 ‑26 due to higher estimated capital gains revenue, as well as a discretionary deposit in 2025 ‑26.
https://lao.ca.gov/Publications/Report/5150

The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - Adjusting for inflation, revenues were 18  percent lower in 2024-25 than in 2018-19. BPPE Fund Has a Structural Deficit. As Figure  1 shows, expenditures from the BPPE Fund have exceeded revenues annually beginning in 2014-15.
https://lao.ca.gov/Publications/Report/5169

Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog]

Feb 18, 2026 - Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q4) February 18, 2026 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/article/Detail/849

Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog]

Feb 18, 2026 - Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q4) February 18, 2026 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/Article/Detail/849

K-12 Proposition 98 Funding by Program [EdBudget]

Jan 19, 2026 - Includes $50 million each year for Quality Rating and Improvement System. c Includes $150 million in one-time funds provided in the June 2025 budget. d June 2025 budget also provided $2 million in unspent prior-year funds to support the California School for the Deaf in Fremont. e Less than $500,000. f June 2024 budget also provided $4.3 million
https://lao.ca.gov/Education/EdBudget/Details/1069

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - The 2025 ‑26 budget package authorized the state to spend $3.5  billion, or slightly more than one ‑third, of the $10  billion total. This amount was approved via three different 2025 budget actions: (1) $181  million provided through Chapter  2 of 2025 (A B  100 , Gabriel) (these funds were available for departments to spend during the final few
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: Estimated State Savings From Proposition 47

Feb 23, 2026 - Some Provisions in Proposition  36 (2024) Reduce the State Savings Attributable to Proposition  47. Proposition  36, approved by the voters in November 2024, increased punishment for various drug and theft crimes.
https://lao.ca.gov/Publications/Report/5108

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

Feb 4, 2026 - The June 2025 budget alluded to this law in its explanation for the $1.9  billion settle ‑up delay in 2024 ‑25, and the Governor ’s budget makes a similar reference to explain the proposed delay in 2025 ‑26.
https://lao.ca.gov/Publications/Report/5110

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - At the time of the 2025 May Revision, the administration had estimated that the Social Security Administration (SSA) had overcharged the state for SSI/SSP services and administration —resulting in increased General Fund costs of over $60  million in 2024-25.
https://lao.ca.gov/Publications/Report/5148