Update on School District Budgets

Nov 16, 2020 - The state budget largely avoids reductions to schools and provides fiscal relief through one-time federal funding and lower pension contribution rates. In future years, however, these fiscal supports will recede and districts will be left with pension and health benefit costs ratche ting higher on the one hand and reduced funding growth —a consequence of declining student attendance —on the other.
https://lao.ca.gov/Publications/Report/4301

The 2020-21 Spending Plan: Proposition 98 and K-12 Education [Publication Details]

Oct 29, 2020 - This post summarizes overall Proposition 98 funding and K-12 education spending in the 2020-21 budget package. It is part of our Spending Plan series, which contains posts focused on each major sector of the state budget.
https://lao.ca.gov/Publications/Detail/4291

The 2020-21 Spending Plan: Proposition 98 and K-12 Education

Oct 29, 2020 - At the time, the state estimated that the supplemental payment could reduce district pension costs by roughly 0.3  percent of annual pay over the next few decades. The 2020 ‑21 budget plan repurposes this payment to reduce pension costs by a larger amount over the next two years.
https://lao.ca.gov/Publications/Report/4291

COVID-19: Federal and State Actions Affecting K-12 Education and Child Care [Publication Details]

May 14, 2020 - COVID-19: Federal and State Actions Affecting K-12 Education and Child Care [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4231

COVID-19: Federal and State Actions Affecting K-12 Education and Child Care

May 14, 2020 - Department of Education (ED) released the funding application for states. States must apply by July 1, 2020. ED intends to release funds to a state within three business days of receivi ng its application.
https://lao.ca.gov/Publications/Report/4231

Update on State and School District Reserves [Publication Details]

Apr 5, 2020 - Update on State and School District Reserves [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4216

State Budget Effects of Recent Federal Actions to Address COVID-19 [Publication Details]

Apr 5, 2020 - State Budget Effects of Recent Federal Actions to Address COVID-19 [Publication Details] State Budget Effects of Recent Federal Actions to Address COVID-19 Format: HTML Description: In recent weeks Congress has passed legislation that has directed funding to respond to the coronavirus emergency.
https://lao.ca.gov/Publications/Detail/4217

State Budget Effects of Recent Federal Actions to Address COVID-19

Apr 5, 2020 - Given the magnitude of initial unemployment claims received so far, the state UI Trust Fund likely will become insolvent in the coming months, meaning the state likely will use the interest-free loans to reduce state General Fund costs.
https://lao.ca.gov/Publications/Report/4217

Update on State and School District Reserves

Apr 5, 2020 - Moreover, California schools receive most of their funding from the state General Fund. These factors mean that the fiscal condition of school districts and the state are closely connected. A decline in state revenues —as the state is likely to experience in response to the COVID-19 emergency —is likely to reduce school funding.
https://lao.ca.gov/Publications/Report/4216

The 2020-21 Budget: Governor’s Fiscal Oversight Proposals

Mar 19, 2020 - Most districts, for example, have accurate budget projections and deliberately plan for cost increases in key areas such as pensions and special education. Although few districts receive poor ratings consistently, a relatively small group of chronically distressed districts have received multiple qualified or negative ratings over the past few years.
https://lao.ca.gov/Publications/Report/4204