The 2026-27 Budget: Higher Education Overview

Feb 5, 2026 - New Higher Education Spending Is at Risk Given Stock Market Signals. The administration ’s higher revenue estimates are mainly driven by strong stock market performance. Certain factors signal the stock market might be approaching a peak.
https://lao.ca.gov/Publications/Report/5112

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - Under the revamped program, students still do not have to demonstrate financial need. Moreover, students still are subject to the original income and asset cap rules. In 2025‑26, the maximum annual household income for dependent students to qualify for an MCS award is $234,000 .
https://lao.ca.gov/Publications/Report/5127

The 2026-27 Budget: California State University

Feb 24, 2026 - For example, earmarking around 10   percent of a base increase would allow CSU to undertake some projects while still having capacity to meet other spending priorities. Recommend Using Available One ‑Time Funding to Retire Payment Deferral.
https://lao.ca.gov/Publications/Report/5142

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - The Governor ’s estimates of the Proposition  98 minimum guarantee are based on revenue projections that do not account for the risk of a stock market downturn. As we discuss in The 2026‑27 Budget: Overview of the Governor’s Budget , several signs suggest the stock market is overvalued and at elevated risk of a downturn.
https://lao.ca.gov/Publications/Report/5150

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - These districts might be putting forth smaller local contributions in part because their projects can still qualify for funding based on other scoring metrics. When districts provide smaller local contributions, the available state bond funding cannot stretch across as many projects.
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: University of California

Feb 26, 2026 - For example, earmarking around 10   percent of a base increase would allow UC to undertake some capital renewal projects while still retaining the preponderance of any base increase for other spending priorities.
https://lao.ca.gov/Publications/Report/5143