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

Feb 4, 2026 - If the Legislature adopts the proposal, it would face three choices next year, assuming the obligation is still owed: (1)  appropriate additional funding for schools and community colleges in the 2027 ‑28 budget; (2)  take no action, meaning the contingency law would apply and the Director of the Department of Finance would determine the payment schedule; or (3)  adopt an alternative plan before certification concludes in August 2027.
https://lao.ca.gov/Publications/Report/5110