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

Jan 13, 2025 - New Tax Expenditures of $150   Million. The Governor ’s budget includes some revenue proposals, which would expand existing tax expenditures and create new ones. This includes increasing the existing film tax credit from $330  million to $750  million per year and excluding some military retirement income from taxation.
https://lao.ca.gov/Publications/Report/4951

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

Feb 4, 2026 - Although the cap nominally limits a district ’s discretionary reserves to 10   percent of its budgeted expenditures, various exemptions and exclusions typically allow higher reserve levels. Assessment The Stock Market Poses a Notable Risk to General Fund Revenues.
https://lao.ca.gov/Publications/Report/5110

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

Nov 10, 2025 - These reports must describe how funds were used to employ coaches and improve school literacy programs, how expenditures impact student literacy, an d how the LEA plans to continue to support literacy coaches past the award period.
https://lao.ca.gov/Publications/Report/5087

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - After implementation of the accreditation pr ocess, some CCSPP requirements —such as expenditure reports and sustainability plans —may become duplicative or unnecessary. Phase in Eligibility Over Time.
https://lao.ca.gov/Publications/Report/5131

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

Feb 15, 2024 - This is because prior ‑year taxes usually have been filed and associated revenues collected by April of any given year. Due to the state conforming to federal tax filing extensions, however, the Legislature only gained a complete picture of 2022 ‑23 tax collections late in 2023 —after the fiscal year already ended.
https://lao.ca.gov/Publications/Report/4840

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

Feb 13, 2025 - Examples of allowable expenditures include lengthening the school day or year, tutoring and small ‑group instruction, counseling and mental health services, training for teachers and staff, literacy programs for younger students, and credit recovery programs for high school students.
https://lao.ca.gov/Publications/Report/4963

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 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - We define a delay as an expenditure reduction that occurs in the budget window (2021 ‑22 through 2023 ‑24), but has an associated expenditure increase in a future year of the multiyear window (2024 ‑25 through 2026 ‑27).
https://lao.ca.gov/Publications/Report/4662

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