The 2024-25 Budget: The Governor’s Proposition 98 Funding Maneuver

Feb 15, 2024 - Creates Binding Obligation That Magnifies Structural Deficit, Likely Requiring More Cuts to Other Programs in the Future. The repayments on this maneuver would represent a new, binding obligation on the state.
https://lao.ca.gov/Publications/Report/4840

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

Nov 17, 2021 - An additional one ‑time deposit into the Proposition 98 Reserve would increase the protection for ongoing programs in the event of an economic downturn, reducing the likelihood of cuts or deferrals. It also could allow the Legislature to set aside funds temporarily for programs it intends to identify or develop in the  future.
https://lao.ca.gov/Publications/Report/4473

The 2021-22 Budget: “Cradle to Career” Data System

Mar 26, 2021 - Are students receiving Cal Grant competitive awards more likely to enroll and graduate from college than those eligible students who just missed the cut ‑off for getting awards? What are the employment outcomes of graduates from CSU and UC teacher preparation programs?
https://lao.ca.gov/Publications/Report/4409

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

Jan 13, 2022 - Based on the reserve balance and one ‑time cushion, we think the state likely could weather a relatively mild recession without resorting to significant cuts or payment deferrals for school and community college programs.
https://lao.ca.gov/Publications/Report/4492

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - Specifically, to the extent the guarantee drops or grows more slowly in the future, the expiration of these one-time allocations allows the state to accommodate the lower guarantee without relying on program cuts or payment deferrals.
https://lao.ca.gov/Publications/Report/4309