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

Nov 19, 2025 - The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges 1 1 a Excludes non ‑tax revenues and transfers, which do not affect the calculation of the minimum guarantee. b This decline is deemed to be zero for the purpose of calculating the guarantee.
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 2021-22 Spending Plan: Proposition 98 and K-12 Education

Oct 25, 2021 - The Legislature and the Governor have reached an agreement to cover these costs by “rebenching ” (adjusting) the Proposition  98 formulas to increase the share of General Fund revenue allocated to schools.
https://lao.ca.gov/Publications/Report/4466

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

Nov 10, 2025 - Non-Proposition  98 Spending Reduces Funding for School Facility Program. The budget reverts $177.5  million in non-Proposition  98 General Fund for the School Facility Program. These funds were originally provided as part of the 2023-24 budget package.
https://lao.ca.gov/Publications/Report/5087

The 2024-25 California Spending Plan: Proposition 98 and K-12 Education [Publication Details]

Sep 16, 2024 - The 2024-25 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/4929

The 2024-25 California Spending Plan: Proposition 98 and K-12 Education

Sep 16, 2024 - Non-Proposition  98 Spending Removes Planned Facility Augmentations. The 2022 ‑23 budget package included intent language to provide $875  million non-Proposition  98 General Fund for the School Facility Program in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4929

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

Feb 15, 2024 - Similar to this proposed maneuver, these tools create long ‑term obligations in exchange for short ‑term budgetary relief and some do so by creating discrepancies between cash and budget documents. However, this particular maneuver is new and sets a problematic precedent.
https://lao.ca.gov/Publications/Report/4840

The 2023-24 Budget: Proposition 98 Overview and K-12 Spending Plan

Feb 7, 2023 - The Governor ’s approach to the Proposition  98 Reserve also mirrors the approach to the Budget Stabilization Account (BSA) —the state ’s main rainy day fund. One  difference between these accounts is that the state might be required to make withdrawals from the Proposition  98 Reserve if revenues were to decline significantly, whereas the rules governing the BSA do not require automatic withdrawals.
https://lao.ca.gov/Publications/Report/4670

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

Nov 17, 2021 - Make Optional Proposition 98 Reserve Deposit. An additional one ‑time deposit into the Proposition 98 Reserve would increase the protection for ongoing programs in the event of an economic downturn, reducing the likelihood of cuts or deferrals.
https://lao.ca.gov/Publications/Report/4473