The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - If the state ’s cash position weakens, which has happened during previous fiscal downturns, the state could find that internal borrowing is no longer an option. In this situation, the state might decide to turn to external borrowing.
https://lao.ca.gov/Publications/Report/5127

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Figure 2 Governor ’s Budget Funds New CCC Capital Outlay Projects Proposition 2 Bond Funds (In Thousands) College $399,428 $747,686 a Community college districts issue local general obligation bonds to pay for a share of project costs. b Replacement buildings listed in this category involve adding space. c Center operated by Sequoias Community College District.
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: University of California

Feb 26, 2026 - Under this system, the expectation is that UC undertake capital projects regularly, as UC no longer has to depend on periodic, voter ‑approved bonds. Total UC debt service on state ‑approved academic facilities and certain student housing facilities increased from $324  million in 2015 ‑16 to $503  million in 2024 ‑25.
https://lao.ca.gov/Publications/Report/5143