Changes to UC's Base Funding Over Next Three Years [EdBudget]

Feb 7, 2025 - A new governor will take office in 2027-28. b The Governor proposes to defer the year 4 base increase and nonresident replacement funding from 2025-26 to 2027-28. In 2026-27, he proposes to provide a one-time back payment to 2025-26.
https://lao.ca.gov/Education/EdBudget/Details/951

Tracking Changes From Compact [EdBudget]

Jul 29, 2025 - The one-time back payments planned for 2027-28 are intended to address that UC/CSU did not receive a net unrestricted base increase in 2025-26. Under the state's multiyear budget plan, the state intends to provide UC/CSU with a 5 percent base increase in 2026-27, along with a 2 percent base increase delayed from 2025-26.
https://lao.ca.gov/Education/EdBudget/Details/995

Changes to CSU's Base Funding Over Next Three Years [EdBudget]

Feb 7, 2025 - A new governor will take office in 2027-28. b The Governor proposes to defer the year 4 base increase from 2025-26 to 2027-28. c In 2025-26, reflects the restoration of $75 million one-time reduction applied in 2024-25.
https://lao.ca.gov/Education/EdBudget/Details/950

Proposition 98 Key Inputs and Outcomes Under 2025-26 Budget Package [EdBudget]

Jul 21, 2025 - Proposition 98 Key Inputs and Outcomes Under 2025-26 Budget Package [EdBudget]     a Excludes $938 million supplemental payment associated with Proposition 28 (2022). Beginning in 2024-25, this amount is folded into the Proposition 98 guarantee. b Chapter 27 of 2024 (SB 154, Committee on Budget and Fiscal Review) suspended the Proposition 98 guarantee and set forth this amount as the intended funding level.
https://lao.ca.gov/Education/EdBudget/Details/1004

The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Study Concluded That DFPI Needs $193.2  Million in Additional Funding for Certain Established and New Programs Through 2027-28. The independent accounting firm ’s report estimated that the department requires an additional $80.4  million through 2027-28 to support 8 of 13 established programs and subprograms, as well as an estimated $112.8  million through 2027-28 for its three new programs, for a total of $193.2  million.
https://lao.ca.gov/Publications/Report/5025

Changes to CSU's Base Funding Over Next Three Years [EdBudget]

May 19, 2025 - A new governor will take office in 2027-28. a Reflects a deferred Year 4 base increase of $252 million and a Year 5 base increase of $265 million. b Reflects restoration of $75 million one-time reduction applied in 2024-25.
https://lao.ca.gov/Education/EdBudget/Details/971

Proposed Changes in UC's Base Funding [EdBudget]

May 18, 2025 - A new governor will take office in 2027-28. a Reflects a deferred Year 4 base increase of $241 million and a Year 5 base increase of $254 million. b Reflects a deferred Year 4 increase of $31 million and a Year 5 increase of $30 million. c Reflects various small ongoing and one-time adjustments. d Reflects the restoration of a $125 million one-time reduction applied in 2024-25,
https://lao.ca.gov/Education/EdBudget/Details/970

Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog]

May 21, 2025 - Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q1) May 21, 2025 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/830

Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog]

May 21, 2025 - Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q1) May 21, 2025 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/830

Proposition 98 Key Inputs and Outcomes Under the May Revision [EdBudget]

May 16, 2025 - Proposition 98 Key Inputs and Outcomes Under the May Revision [EdBudget]     a Excludes $938 million supplemental payment associated with Proposition 28 (2022). Beginning in 2024-25, this amount is folded into the Proposition 98 guarantee. b Chapter 27 of 2024 (SB 154, Committee on Budget and Fiscal Review) suspended the Proposition 98 guarantee and set forth this amount as the intended funding level.
https://lao.ca.gov/Education/EdBudget/Details/962