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: Fiscal Outlook for Schools and Community Colleges [Publication Details]

Nov 19, 2025 - The state could use the one-time funds to build budget resiliency, which seems especially important given the risks of a stock market downturn. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/5093

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

Nov 20, 2024 - The cap has been operative in previous years but is inoperative as of 2024‑25. 2023‑24 and 2024‑25 Updates State ’s Job Market and Consumer Spending Remain Lackluster … California ’s economy has been in a slowdown for nearly two years, characterized by a soft labor market and weak consumer spending.
https://lao.ca.gov/Publications/Report/4940

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - The state has historically used two different reimbursement rates for child care providers —the Standard Reimbursement Rate (SRR) and the Regional Market Rate (RMR). In 2021, the state increased rates and shifted most providers to the RMR, then began the process of developing a new child care reimbursement rate structure for all child care and State Preschool providers.
https://lao.ca.gov/Publications/Report/5168

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

Nov 19, 2025 - These aspects of the budget —and the state ’s dependence on the stock market —make the upcoming year especially precarious. A  decline in the value of the tech companies leading the stock market could rapidly reduce state revenues and the Proposition  98 guarantee.
https://lao.ca.gov/Publications/Report/5093

The 2025-26 Budget: Department of Developmental Services

Mar 5, 2025 - While the new CCP service has potential, it is still too early to assess its effectiveness in helping individuals obtain CIE. DDS stated that, as of January 2025, about 25  providers have been approved to provide CCP.
https://lao.ca.gov/Publications/Report/5008

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

Mar 18, 2026 - For example, the state will still need to work towards improving student achievement, addressing the fiscal and academic problems of struggling districts, clearly defining its educational goals, and improving its teacher and administrative workforce.
https://lao.ca.gov/Publications/Report/5165

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Instead, the gains appear largely tied to the booming stock market, a situation which can change rapidly and without warning. The  administration appears to share some of these concerns, noting recent job losses among high ‑wage workers and the risks posed by the inherent volatility of tax receipts tied to stock market gains.
https://lao.ca.gov/Publications/Report/4951

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

Nov 16, 2022 - Local Property Tax Estimates Reflect Trends in the Housing Market. Growth in property tax revenue is linked with growth in the housing market, but this growth typically lags the market by a few years.
https://lao.ca.gov/Publications/Report/4648

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - During the first few years of implementation, the cost would be less than $1  billion because many of the current grantees still have one ‑time implementation funds available from prior ‑year allocations.
https://lao.ca.gov/Publications/Report/5131