2025-26 Changes in Proposition 98 Spending [EdBudget]

Nov 7, 2025 - 2025-26 Changes in Proposition 98 Spending [EdBudget] $114,558 a Primarily reflects removal of 2024-25 one-time funds. b The 2025-26 budget package uses funding from the Proposition 98 reserve to cover $405 million in K-12 costs and $50 million in community college costs. c Reflects additional LCFF costs associated with serving more students in transitional kindergarten, including costs of
https://lao.ca.gov/Education/EdBudget/Details/1007

2023-24 and 2024-25 Changes in California Community Colleges Proposition 98 Spending [EdBudget]

Jul 23, 2025 - For 2023-24, the table also includes $788 million in spending covered by withdrawals from the Proposition 98 Reserve. a The 2025-26 budget package increases the 2024-25 enrollment growth target by 1.78 percentage points (from 0.5 percent to 2.28 percent).
https://lao.ca.gov/Education/EdBudget/Details/981

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Second, any unawarded credits from the previous fiscal year can be added to the pool of available credits for the current fiscal year. Credit Pool Has Ballooned to over $923  million for the Current Year.
https://lao.ca.gov/Publications/Report/5162

California Community Colleges Capital Outlay Projects [EdBudget]

Mar 10, 2026 - California Community Colleges Capital Outlay Projects [EdBudget]     a Community college districts issue local general obligation bonds to pay for a share of project costs. b Proposition 51 (2016) bond funds. c The performance criteria phase is the initial phase of this design-build project. d Replacement buildings listed in this category involve adding space. e Center operated
https://lao.ca.gov/Education/EdBudget/Details/1025

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - For Cal Grant recipients (who already have their tuition, and, in some cases, a portion of their nontuition costs covered), MCS provides ad ditional aid for nontuition costs. Though less notable given relative magnitude, the revamped program also expanded eligibility to CCC students in bachelor ’s degree programs.
https://lao.ca.gov/Publications/Report/5127

UC Merced at 20: Campus Developments and Key State-Level Takeaways

Nov 7, 2024 - UC Riverside and UC San Diego, however, each added nearly as many students over the same period, growing by about 7,300 and 7,100 resident undergraduate students, respectively. Adding Capacity at UC Merced Has Been Relatively Costly.
https://lao.ca.gov/Publications/Report/4937

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - In addition to restructuring foster care maintenance payments, the 2024-25 statutory changes also added two new foster care programs and corresponding rate components: (1)  Strengths Building and Child and Family Determination Program, and (2)  Immediate Needs Program.
https://lao.ca.gov/publications/report/5147

The 2025-26 Budget: California State University

Feb 25, 2025 - Though the number of students shifted from self‑ to state‑supported courses is smaller in 2024‑25 compared to 2023‑24 (745 FTE students shifted in summer 2024 compared to 4,705 FTE students shifted the previous summer), the effect is still not adding new students but adding new state costs from shifting students formerly in self‑supported courses into state‑supported ones.
https://lao.ca.gov/Publications/Report/4989