K-12 Proposition 98 Funding by Program [EdBudget]

Jan 19, 2026 - Governor's January 2026-27 budget proposes providing an additional $32 million in unspent prior year funds. b Excludes programs operated by nonprofit agencies. Includes $50 million each year for Quality Rating and Improvement System. c Includes $150 million in one-time funds provided in the June 2025 budget. d June 2025 budget also provided $2 million in unspent prior-year funds
https://lao.ca.gov/Education/EdBudget/Details/1069

Major Proposition 98 Spending Proposals [EdBudget]

Jan 19, 2026 - Major Proposition 98 Spending Proposals [EdBudget] Total Spending Proposals $10,910 a Applies to the Foster Youth Services Coordinating Program, American Indian Early Childhood Education, Special Education, Child and Adult Care Food Program, Charter School Facility Grant Program, American Indian Education Centers, Equity Multiplier, and K-12 Mandates Block Grant. b Reflects $890,000 ongoing,
https://lao.ca.gov/Education/EdBudget/Details/1064

Changes in California Community Colleges Proposition 98 Spending, 2024-25 and 2025-26 [EdBudget]

Jan 18, 2026 - The Governor's budget also provides $32 million for enrollment growth in 2026-27. b The Governor's budget also includes $102 million in 2026-27 funds for this purpose. c Reflects $4 million for the Mendocino College Fire Academy and $1 million for the Santa Rosa Junior College Fire Academy.
https://lao.ca.gov/Education/EdBudget/Details/1040

Overview of New Updates to the Cap-and-Invest Program [Publication Details]

Dec 9, 2025 - This report provides a summary of the major components of Chapter 117 of 2025 (AB 1207, Irwin) and Chapter 121 of 2025 (SB 840, Limón)—which extend and modify the cap-and-invest program—as well as a discussion of some of the legislation's key implications.
https://lao.ca.gov/Publications/Detail/5097

Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - This was the first auction since the passage of Chapter  117 of 2025 (AB  1207, Irwin) and Chapter  121 of 2025 (SB  840, Lim ón), which extended and made various changes to the program. According to the information provided by CARB, the state expects to receive $844  million in revenue from the auction, which will be deposited into the Greenhouse Gas Reduction Fund (GGRF).
https://lao.ca.gov/Publications/Report/5096

Overview of New Updates to the Cap-and-Invest Program

Dec 9, 2025 - In September 2025, CARB issued a notice that it plans to begin updating the regulations governing the program to reflect the requirements of AB 1207, as well as make other modifications to the program.
https://lao.ca.gov/Publications/Report/5097

Cannabis Tax Revenue Update (2025 Q3) [EconTax Blog]

Dec 2, 2025 - On September 22, the Governor signed Chapter 127 of 2025 (AB 564, Haney), which cut the retail excise tax rate from 19 percent to 15 percent on October 1. Preliminary Total for Third Quarter of 2025: $177 Million.
https://lao.ca.gov/LAOEconTax/Article/Detail/844

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - In previous legislation (Chapter  47 of 2024 [AB  162, Committee on Budget]), the Legislature codified its intent that the Master Plan should strengthen accessibility, quality, and equity for all consumers of the developmental services system and their families.
https://lao.ca.gov/Publications/Report/5086/1

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - These changes (described further below) result in net savings of about $21  million total funds in 2025-26 and about $32  million total funds in 2026-27 and ongoing. Of these savings, the spending plan reinvests about $4.6  million in 2025-26 and $14  million in 2025-26 and ongoing into the CalWORKs single allocation, resulting in General Fund savings of about $16  million in 2025-26 and $18  million in 2026-27 and ongoing.
https://lao.ca.gov/Publications/Report/5086/2

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - The Home Safe program was established by Chapter  35 of 2018 (AB  1811, Committee on Budget) to serve Adult Protective Services (APS) clients who are experiencing or at risk of homelessness due to elder or dependent adult abuse, neglect, or financial exploitation.
https://lao.ca.gov/Publications/Report/5086/7