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