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: Re-Envisioning State Education Governance

Mar 18, 2026 - For example, the Governor could resolve disagreements that arise between the SBE and the education commissioner without resorting to litigation. Finally, it would increase the likelihood that school districts receive clear guidance from the state.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - Without any specific planning expectations for the first three years of funding, new grantees may not be as successful in establishing their programs as prior recipients. Unclear How Frequently Schools Would Be Able to Opt Into Program in Future.
https://lao.ca.gov/Publications/Report/5131

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - (The version of Proposition   98 approved by voters in 1988 might have allowed the Legislature to make this change, but an amendment in 1990 —Proposition   111 —tightened the attendance requirement.)
https://lao.ca.gov/Publications/Report/5100

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - As we discuss in The 2026‑27 Budget: Overview of the Governor’s Budget , both our office and the administration project multiyear budget shortfalls beginning in 2027‑28, which will require the Legislature to make difficult spending decisions next year.
https://lao.ca.gov/Publications/Report/5168