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Higher Education (5)
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The 2026-27 Budget: University of California

Feb 26, 2026 - In 2023 ‑24 (the most recent year for which UC has reported data), UC reserves declined from 17  percent to 15  percent of annual core fund expenditures —equating to just under two months of reserves.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: California State University

Feb 24, 2026 - Growth in health care costs has been particularly notable the past three years (with the highest growth in 2023‑24 at 10 percent). Pension Contribution Rates Have Remained Relatively Flat in Recent Years.
https://lao.ca.gov/Publications/Report/5142

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - As of the Governor ’s budget, all but two of these projects were scheduled to complete working drawings in 2026-27, with the remaining projects expected to do so by August 2027. Assuming no project delays emerge this spring, we have no concerns with the proposed funding for these continuing projects.
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - In 2022 ‑23, award coverage was 26  percent, followed by 36  percent in 2023 ‑24, and 35  percent in 2024 ‑25. Using this approach, CSAC could not finalize the percentage of award coverage until August when it received enrollment rosters from campuses.
https://lao.ca.gov/Publications/Report/5127

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - This would restore the state ’s community college apportionments payments to their regular schedule and reduce future cost pressures. We  recommend prioritizing funding next for deferred maintenance projects.
https://lao.ca.gov/Publications/Report/5150