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

Feb 4, 2026 - Several signs suggest the stock market is overvalued, and a significant drop most likely would reduce state revenues by tens of billions of dollars. The state, however, cannot predict the timing of such a decline.
https://lao.ca.gov/Publications/Report/5110

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

Mar 18, 2026 - Like other state offices, the SPI can serve up to two terms. The SPI ’s primary responsibility is managing CDE (described below). The law also makes the SPI a nonvoting “executive officer ” of the SBE.
https://lao.ca.gov/Publications/Report/5165

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - Overall, our analysis finds that shifting to enrollment ‑based funding would be somewhat more predictable and reduce some administrative burdens for LEAs, but likely would have a negative effect on student attendance over the long run.
https://lao.ca.gov/Publications/Report/5100

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - Set More Specific Time Lines Around Accreditation Process. In addition to setting an earlier date for when accreditation would begin, we recommend establishing time lines for key milestones associated with the development of the accreditation process.
https://lao.ca.gov/Publications/Report/5131

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - The administration has yet to provide key details, such as grant amounts, the allowable uses of funding, and time lines for when funding would be awarded. We recommend the Legislature request additional information from the administration regarding key elements of the infrastructure grant proposal.
https://lao.ca.gov/Publications/Report/5168