The 2025-26 Budget: Child Care and State Preschool

Mar 28, 2025 - Under our recommendation, the budget would still provide a total of $1.6  billion Proposition  98 General Fund and $939  million non ‑Proposition  98 General Fund for State Preschool —enough to cover estimated contracted costs and provide funding equivalent to the monthly cost of care plus payments.
https://lao.ca.gov/Publications/Report/5024

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

Jan 13, 2025 - Instead, the gains appear largely tied to the booming stock market, a situation which can change rapidly and without warning. The  administration appears to share some of these concerns, noting recent job losses among high ‑wage workers and the risks posed by the inherent volatility of tax receipts tied to stock market gains.
https://lao.ca.gov/Publications/Report/4951