The 2025-26 Budget: Child Care and State Preschool

Mar 28, 2025 - As part of the 2023 collectively bargained early education and parity agreement, the state did not apply the COLAs for 2023 ‑24 and 2024 ‑25. Instead, the amount that would have been required to fund the 2023 ‑24 COLA over the next two years was used to fund the agreement.
https://lao.ca.gov/Publications/Report/5024

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Since 2023 ‑24, the Legislature has addressed a cumulative total of $82  billion in budget problems, but even including the withdrawal for 2025 ‑26, has only used about half of the Budget Stabilization Account (BSA).
https://lao.ca.gov/Publications/Report/4951