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

Feb 4, 2026 - Several signs, however, suggest that the stock market has become overvalued. For example, the ratio of stock prices to corporate earnings (a measure of how expensive stocks are) is near historically high levels ( Figure  5 ).
https://lao.ca.gov/Publications/Report/5110

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - The Governor also signs or vetoes education legislation and appoints the members of the SBE. The Legislature exercises governance authority by reviewing and approving the Governor ’s budget proposals, enacting education legislation, and confirming the Governor ’s appointments to the SBE.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - In 2021 ‑22, the state created the Expanded Learning Opportunities Program (ELOP) with plans to ramp up funding through 2025 ‑26. This program now represents the vast majority of funding schools receive for expanded learning ( Figure  5 ).
https://lao.ca.gov/Publications/Report/5131

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - The latter reductions are primarily due to lower Proposition  64 revenues and the use of one ‑time federal carryover funds in 2025 ‑26 ( Figure  5 ). Figure 4
https://lao.ca.gov/Publications/Report/5168

The 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - The program provides school districts with grants of up to $2,500 per participating teacher, with a dollar-for-dollar match requirement. These funds may be used to cover the costs of coursework and instructional materials necessary for completing the authorizations.
https://lao.ca.gov/Publications/Report/5153

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan [Publication Details]

Feb 4, 2026 - This brief examines the estimates of the Proposition 98 guarantee in the Governor’s budget and assesses the overall structure of the Governor’s school spending plan. It also examines a few of the larger spending proposals and the proposal to delay a $5.6 billion settle-up payment.
https://lao.ca.gov/Publications/Detail/5110