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

Feb 15, 2024 - Currently, for example, the state: (1)  has sizeable balances in its reserve accounts, including the Budget Stabilization Account and Proposition  98 Reserve; (2)  has many special funds that are carrying large balances; and (3)  has allocated large sums to expenditures that take years to disburse, like infrastructure projects.
https://lao.ca.gov/Publications/Report/4840

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 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details]

Nov 19, 2025 - The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details] The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges Format: HTML Description: We forecast that increases to the Proposition 98 guarantee in 2024-25 and 2025-26, coupled with a preexisting payment obligation, require the state to provide nearly $7.4 billion in one-time funds for schools and community colleges.
https://lao.ca.gov/Publications/Detail/5093

The 2022-23 Budget: Update on K-12 Student Attendance

May 11, 2022 - As Figure  4 shows, 55 of the 58 counties in California have experienced ADA declines during the pandemic. Of these 55  counties, 36 experienced two ‑year declines between 5  percent and 10  percent.
https://lao.ca.gov/Publications/Report/4595

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - Funding increases for State Preschool in 2021‑22 and 2022‑23 were primarily due to rate increases. 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.
https://lao.ca.gov/Publications/Report/5168

The 2022-23 California Spending Plan: Proposition 98

Oct 24, 2022 - The deposits required in 2020-21 and 2021-22 also trigger a statutory cap on school district reserves in 2022-23. (The cap applies the year after the balance in the reserve exceeds 3  percent of the Proposition  98 funding allocated to K-12 schools.)
https://lao.ca.gov/Publications/Report/4641

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

Nov 10, 2025 - The budget provides $3  million one-time non-Proposition  98 General Fund to continue this grant program for three additional years. The funds are provided to the Office of Public School Construction, which must allocate the funds to EnCorps Inc.
https://lao.ca.gov/Publications/Report/5087

The 2025-26 California Spending Plan: Proposition 98 and K-12 Education [Publication Details]

Nov 10, 2025 - The 2025-26 California Spending Plan: Proposition 98 and K-12 Education [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/5087

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

Feb 4, 2026 - Rather than establishing a stable base for Proposition  98 calculations, it has led the state to adopt a range of actions to avoid exceeding the prior ‑year guarantee. Most notably, this law was part of the rationale for the complicated funding maneuver the state adopted to address the unexpected drop in the 2022 ‑23 guarantee.
https://lao.ca.gov/Publications/Report/5110

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

Feb 15, 2024 - The administration estimates lunches served will increase by 1  percent and breakfasts served will increase by 3  percent above 2022 ‑23 meals served. The Governor also proposes to backfill $12  million that was initially provided for 2023 ‑24 school meals, but was shifted to cover a shortfall in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4839