The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - Across the rest of the budget, our estimates of baseline spending —for example, for caseload growth, federal reimbursements, and statutory cost increases —and constitutional requirements —for example, for infrastructure and deposits into reserves —differ , on net, by $800  million.
https://lao.ca.gov/Publications/Report/4662

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Since 2023 ‑24, the Legislature has addressed a cumulative total of $82  billion in budget problems, but even including the withdrawal for 2025 ‑26, has only used about half of the Budget Stabilization Account (BSA).
https://lao.ca.gov/Publications/Report/4951

CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

The 2025-26 Budget: California State University

Feb 25, 2025 - As discussed in the “Core Operations ” section, the state budget plan reduces General Fund support for CSU by a net of $122  million. No funding is provided to cover the marginal cost of new resident enrollment.
https://lao.ca.gov/Publications/Report/4989

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - In 2023‑24 and 2024‑25, the state made one‑time reductions to the program in recognition that funding provided exceeded the amount necessary to fund all State Preschool contracts. Child Care and State Preschool Reimbursement Rates in Transition.
https://lao.ca.gov/Publications/Report/5168

The 2023-24 Budget: One-Time K-12 Spending Proposals

Feb 16, 2023 - To bring 2021 ‑22 spending up to the revised estimate of the 2021 ‑22 minimum guarantee, the Governor ’s January budget includes a net of $990  million in new one ‑time spending proposals. (See Figure  1 .)
https://lao.ca.gov/Publications/Report/4688

The 2025-26 California Spending Plan: Proposition 98 and K-12 Education

Nov 10, 2025 - The June 2023 budget reduced funding for the Zero-Emission School Bus and Infrastructure Program but expressed the Legislature ’s intent to provide additional funding in the future, including a $500  million appropriation in 2025-26.
https://lao.ca.gov/Publications/Report/5087

The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 19, 2025 - When the state faced significant revenue drops in 2022 ‑23 and 2023 ‑24, it used several tools to sustain ongoing school and community college programs. Most  notably, it withdrew $9.5  billion from the Proposition  98 Reserve.
https://lao.ca.gov/Publications/Report/5093

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

Nov 17, 2021 - If appropriations subject to the limit exceed the limit (on net) over any two ‑year period, the state has excess revenues. The Legislature can respond to excess revenues by (1)  lowering tax revenues, (2) splitting the excess between taxpayer rebates and one ‑time payments to school and community college districts, or (3) appropriating more money for purposes excluded from the limit.
https://lao.ca.gov/Publications/Report/4473

The 2023-24 California Spending Plan: Proposition 98 and K-12 Education

Nov 28, 2023 - In 2022-23 and 2023-24, TK eligibility expands by an additional two months each year. To be eligible for TK, a child must have their fifth birthday by April 2 in 2023-24, compared with February 2 in 2022-23.
https://lao.ca.gov/Publications/Report/4818