Use either the form or links on the side to filter the list of publications. Browse other LAO products using the links at the bottom of the sidebar.
185 Publications Found
February 4, 2026 - This brief examines the estimates of the Proposition 98 guarantee in the Governor’s budget and assesses the overall structure of the Governor’s school spending plan. It also examines a few of the larger spending proposals and the proposal to delay a $5.6 billion settle-up payment.
November 19, 2025 - We forecast that increases to the Proposition 98 guarantee in 2024-25 and 2025-26, coupled with a preexisting payment obligation, require the state to provide nearly $7.4 billion in one-time funds for schools and community colleges. For 2026-27, we estimate the guarantee is $117.8 billion, an increase of $3.2 billion (2.8 percent) from the previously enacted level. This growth—combined with a required reserve withdrawal—would be just enough to fund a 2.51 percent statutory cost-of-living adjustment (COLA). The state could use the one-time funds to build budget resiliency, which seems especially important given the risks of a stock market downturn.
November 10, 2025 - This post summarizes Proposition 98 funding and K-12 education spending in the 2025-26 budget package.
March 5, 2025 - Assembly Budget Subcommittee No. 3 on Education Finance
February 27, 2025 - Senate Budget and Fiscal Review Subcommittee No. 1 on Education
February 13, 2025 - This brief examines the estimates of the Proposition 98 guarantee in the Governor’s budget and assesses the overall structure of the Governor’s plan for K-12 funding. It also examines a few of the larger spending proposals and the proposal to delay a $1.6 billion settle-up payment.
Update (2/21/25): This brief has been updated to reflect our office’s estimate of the K-12 COLA (2.26 percent).
September 16, 2024 - This post summarizes Proposition 98 funding and K-12 education spending in the 2024-25 budget package.
May 16, 2024 - Proposition 98 and K-12 Funding in the May Revision
February 29, 2024 - Presented to: Senate Budget and Fiscal Review Subcommittee No. 1 on Education Finance
February 27, 2024 - Presented to: Assembly Budget Subcommittee No. 3 on Education Finance
February 21, 2024 - In this brief, we analyze the Governor’s budget proposals relating to community college enrollment, apportionments, and nursing education. In addition, the brief provides a number of recommendations and options to help the Legislature address the large gap between current community college spending and available Proposition 98 funding.
February 15, 2024 - In this brief, we evaluate the Governor’s novel proposal to allow schools to keep $8 billion of cash disbursements above the minimum requirement without recognizing the budgetary impact of those payments.
November 28, 2023 - This post summarizes overall Proposition 98 funding and K-12 education spending in the 2023-24 budget package. It is part of our Spending Plan series, which contains posts focused on each major sector of the state budget.
March 2, 2023 - Presented to: Senate Budget and Fiscal Review Subcommittee No. 1 on Education