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

Feb 4, 2026 - Trailer legislation scheduled the payment for 2014 ‑15 (later changed to 2015 ‑16). In October 2010, the state recognized a $1.8  billion increase to its previous estimate of the 2009 ‑10 guarantee. It made an initial payment of $300  million but did not schedule any future payments.
https://lao.ca.gov/Publications/Report/5110

The 2025‑26 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 20, 2024 - Proposition 2 (2014) created a state reserve specifically for schools and community colleges—the Public School System Stabilization Account (Proposition 98 Reserve). The Constitution requires the state to deposit Proposition 98 funding into this reserve when the state receives high levels of capital gains revenue and the minimum guarantee is growing quickly relative to inflation.
https://lao.ca.gov/Publications/Report/4940

The 2022-23 Budget: Initial Comments on the Governor's May Revision

May 16, 2022 - As Figure  2 shows, the state ’s general ‑purpose reserves increased steadily after 2014 ‑15, when Proposition  2 was passed by voters. In  2019 ‑20, the state made its first withdrawal from the BSA  under the rules of Proposition  2 and the balance declined substantially.
https://lao.ca.gov/Publications/Report/4598

The 2024-25 Budget: Proposition 98 and K-12 Education

Feb 15, 2024 - In this report, we assess the architecture of the Governor’s overall Proposition 98 budget and analyze his major proposals for K-12 education.
https://lao.ca.gov/Publications/Report/4839

The 2025-26 Budget: Department of Developmental Services

Mar 5, 2025 - This was followed by federal action in 2014 when Congress passed the Workforce Innovation and Opportunity Act, which promotes CIE and increased training and supports for individuals with  disabilities.
https://lao.ca.gov/Publications/Report/5008

Follow-up Evaluation of the District of Choice Program

Feb 1, 2021 - We found that four of these districts had no transfer students enrolled as of 2014 ‑15, making their departure from the program largely a formality. The remaining nine districts also had relatively low participation, averaging around 20 t ransfer students each as of 2014 ‑15.
https://lao.ca.gov/Publications/Report/4329

The 2021-22 Budget: Special Education Proposals

Feb 4, 2021 - A recent analysis by WestEd showed that California received a low rate of federal reimbursement per Medi ‑Cal enrolled student in 2014 ‑ 15 c ompared to other states —suggesting substantial opportunities to draw down additional federal funds. 2019 ‑20 Budget Package Established the Medi ‑Cal Billing Work Group.
https://lao.ca.gov/Publications/Report/4345

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - With the exception of 2019, the years from 2014 through 2020 experienced the six highest average annual temperatures ever recorded in the state. Moreover, average summer temperatures in California were the hottest on record in 2021, breaking the previous June ‑through ‑August record set in 2017.
https://lao.ca.gov/Publications/Report/4575

The 2021-22 Budget: School Mental Health

Feb 12, 2021 - In a statewide survey conducted in 2014, more than three ‑quarters of principals cited students ’ social, emotional, and mental health as a moderate or severe problem in their schools. In California ’s biennial survey on school climate and student well ‑being, students indicated higher levels of mental health risks than in past years.
https://lao.ca.gov/Publications/Report/4368

Update on the Progress of the CalSTRS Funding Plan

Nov 18, 2021 - Specifically, the state used $1.1 billion Proposition 2 (2014) required debt payment funding to make a supplemental payment to CalSTRS toward the state’s share of UAO. Figure 2 summarizes changes in the state’s share of UAO, as well as changes to the employers’ share, which we describe in the next paragraph.
https://lao.ca.gov/Publications/Report/4475