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

Feb 15, 2024 - In short: the unacknowledged $8  billion in cash disbursements in 2022 ‑23 create an outstanding “principal ” due from the state ’s cash resources. The state would make “repayments ” on this principle balance beginning in 2025 ‑26 as it acknowledges the cash disbursement on a budgetary basis.
https://lao.ca.gov/Publications/Report/4840

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 2025-26 Budget: Transitional Kindergarten

Feb 18, 2025 - TK Enrollment Has Grown 70   Percent Since 2019. In 2023 ‑24, 151,500 students across the state were enrolled in TK. This reflects an increase of 76,000 students (101  percent) from the 2021 ‑22 school year, the year prior to expansion.
https://lao.ca.gov/Publications/Report/4968

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

Feb 4, 2026 - Investors are borrowing large sums to buy stocks, and households are more invested in the stock market than at any time in at least 70 years. Historically, these signs have preceded stock market downturns.
https://lao.ca.gov/Publications/Report/5110

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - On January 8, 2026, California and the other states sued to prevent the freeze. A federal court initially granted a temporary restraining order that was followed by a preliminary injunction, ordering that funds continue to be available pending resolution of  the case.
https://lao.ca.gov/Publications/Report/5168

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - Introduction California operates the nation ’s largest public school system, comprising 937 school districts, 1,257 charter schools, and 58 county offices of education. This year, these local agencies will educate nearly 5.8  million students, employ around 700,000 teachers and staff, and spend nearly $150  billion.
https://lao.ca.gov/Publications/Report/5165

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

Nov 10, 2025 - The budget provides $70  million to support the expansion of teacher residency programs. This round of funds is available to for CTC to allocate until June 30, 2030. Additionally, the budget extends the deadline for allocating residency grant funds appropriated in the 2022-23 budget package from June 30, 2026 to June 30, 2027.
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: Overview of the Governor's Budget

Jan 13, 2022 - As shown in Figure  8 , these proposals include $16.9  billion in discretionary proposals across 2021 ‑22 and 2022 ‑ 23 —both revenue and spending —that address SAL requirements. (These figures exclude school and community college spending, which is not part of the surplus.)
https://lao.ca.gov/Publications/Report/4492

The 2023-24 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 16, 2022 - The measure allocates 70  percent of its funding to school districts, charter schools, and county offices of education through a formula based on prior ‑year enrollment of students in preschool, transitional kindergarten, kindergarten, and grade 1 through grade 12.
https://lao.ca.gov/Publications/Report/4648