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

Feb 4, 2026 - Investors are borrowing large sums to buy stocks, and households are more invested in the stock market than at any time in at least 70 years. Historically, these signs have preceded stock market downturns.
https://lao.ca.gov/Publications/Report/5110

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - The state has historically used two different reimbursement rates for child care providers —the Standard Reimbursement Rate (SRR) and the Regional Market Rate (RMR). In 2021, the state increased rates and shifted most providers to the RMR, then began the process of developing a new child care reimbursement rate structure for all child care and State Preschool providers.
https://lao.ca.gov/Publications/Report/5168

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

Mar 18, 2026 - For example, the state will still need to work towards improving student achievement, addressing the fiscal and academic problems of struggling districts, clearly defining its educational goals, and improving its teacher and administrative workforce.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - During the first few years of implementation, the cost would be less than $1  billion because many of the current grantees still have one ‑time implementation funds available from prior ‑year allocations.
https://lao.ca.gov/Publications/Report/5131