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

Feb 4, 2026 - It paid the remaining amount over the 2015 ‑16 through 2018 ‑19 period. Most recently, the June 2025 budget recognized an increase in the 2024 ‑25 guarantee but set school funding $1.9  billion below the revised estimate.
https://lao.ca.gov/Publications/Report/5110