The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - Under a scenario where the statutory COLA remains at 5 percent, the dip would be closer to $2.5 billion. Although the Legislature could go about determining its mix of one ‑time and ongoing funding in various ways based on its risk tolerance and spending priorities, one approach would be to set aside at least $2.5 billion for one ‑time activities to mitigate the risk from the higher inflation scenario.
https://lao.ca.gov/Publications/Report/4473

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - Our Revenue Estimates Consistent With $2.5  Billion Upgrade to Budget Bottom Line Compared to January. Our recent revenue post suggests an improvement in revenues of around $5 billion relative to the Governor’s budget estimates.
https://lao.ca.gov/Publications/Report/5133

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - During the special session, the Legislature added Control Sections 90.00 and 90.01 to the 2024 ‑25 Budget Act providing up to $2.5  billion one ‑time for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5079

The 2022-23 California Spending Plan: The State Appropriations Limit

Sep 30, 2022 - The spending plan includes $23.7  billion in discretionary spending (and debt repayments) that are excluded from the SAL (including $2.9  billion Proposition  98 General Fund and $20.9  billion non-Proposition  98 General Fund).
https://lao.ca.gov/Publications/Report/4631

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Specifically, the budget includes $ 32 m illion General Fund under the Department of Social Services to implement the federally required components of the act and an additional $ 222 m illion General Fund in one ‑time funds to implement the optional prevention components of the law.
https://lao.ca.gov/Publications/Report/4448

The 2022-23 Budget: Overview of Proposition 98 Proposals [Publication Details]

Jan 27, 2022 - The 2022-23 Budget: Overview of Proposition 98 Proposals [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/4502

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Rebenching Proposition   98 for Wildfire ‑Related Property Tax Losses. The May Revision proposes rebenching the Proposition  98 minimum funding guarantee to account for property tax revenue losses resulting from the January 2025 Los Angeles wildfires.
https://lao.ca.gov/Publications/Report/5044

The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - Proposition 98 Proposition 98 Sets Minimum Level of School Funding. Proposition 98 (1988) amended the California Constitution to establish a minimum annual funding requirement for schools and community colleges.
https://lao.ca.gov/Publications/Report/4819

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - Compared with the estimates in the June 2021 budget plan, the administration revises its estimates of the guarantee up $2.5  billion (2.7  percent) in 2020 ‑21 and $5.3  billion (5.7  percent) in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4492

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - Under two voter initiatives, the State Constitution requires the state to set aside a share of revenues for schools and community colleges (Proposition  98, 1988) and debt payments and reserve deposits (Proposition  2, 2014).
https://lao.ca.gov/Publications/Report/5101