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

Feb 4, 2026 - Local Property Tax Estimates Seem Reasonable. The administration ’s property tax estimates are only $93  million lower than our November estimates over the 2024 ‑25 through 2026 ‑27 period (a difference of less than 0.1  percent).
https://lao.ca.gov/Publications/Report/5110

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

Nov 20, 2024 - Regarding local property tax revenue, our estimates are up $789   million relative to the June 2024 estimates. This increase reflects recent data showing an uptick in home sales, which generate additional property tax revenue as properties are reassessed at market value.
https://lao.ca.gov/Publications/Report/4940

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

Nov 10, 2025 - The budget provides $9.7  million to offset the reductions in property tax revenue experienced by basic aid districts affected by the Eaton and Palisades fires. These fires caused significant property damage in two basic aid districts —Beverly Hills Unified and Santa Monica-Malibu Unified.
https://lao.ca.gov/Publications/Report/5087

The 2025-26 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 13, 2025 - The state calculates the COLA rate using a price index published by the federal government. This index accounts for changes in the cost of goods and services purchased by state and local governments across the country during the preceding year.
https://lao.ca.gov/Publications/Report/4963

Increasing Transparency of County Office of Education Spending

Mar 14, 2024 - (For  example, with special education funding that is transferred to school districts and certain local property tax transferred to trial courts.) In addition, COEs conduct a wide range of activities with LCFF —their primary state funding source.
https://lao.ca.gov/Publications/Report/4883

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - State Preschool programs offered by LEAs —school districts, county offices of education, community college districts, and certain charter schools —are funded with Proposition  98 General Fund. Those programs offered by non ‑LEA providers (community ‑based organizations, county welfare departments, and cities) are funded with non ‑Proposition  98 General  Fund.
https://lao.ca.gov/Publications/Report/5168

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 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

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - The specific solutions to these issues would depend on the methodology the state uses to calculate enrollment. Proposition 98 Calculations California Constitution Requires ADA for Certain Proposition   98 Calculations.
https://lao.ca.gov/Publications/Report/5100

The 2022-23 California Spending Plan: Proposition 98

Oct 24, 2022 - The state meets the guarantee through a combination of state General Fund and local property tax revenue. Guarantee up Substantially Compared With Previous Budget Estimates. As Figure  2 shows, the estimates of the guarantee under the June 2022 budget plan are up significantly compared with the June 2021 estimates.
https://lao.ca.gov/Publications/Report/4641