Funding & Finance
Over the past five months, the financial challenges facing the state have become clearer. In December 2023, the non-partisan Legislative Analyst’s Office (LAO) announced that the state budget was facing a deficit of $68 billion. However, in January, Gov. Gavin Newsom announced a revised budget […]
By Jeremy Anderson California’s local educational agencies face an uncertain and complex financial landscape as they plan their 2024–25 budgets. Significant state, federal and local budgetary factors are converging at the same time to potentially cause major budgetary problems for many LEAs. To help address […]
By CSBA Public Affairs and Community Engagement Representative (PACER) Sarah Bradshaw About 40 school board members, superintendents and administrative staff from across the Los Angeles area came together in El Segundo Unified School District on Feb. 24 to learn about the Governor’s proposed budget and […]
Ahead of Arts Education Month in March, the California Department of Education hosted a webinar on how local educational agencies can put Proposition 28 funds into practice. Referred to as the Arts and Music in Schools (AMS) Funding Guarantee and Accountability Act, the legislation was […]
Aiming to address a persistent achievement gap experienced by Black students and other student groups, the Los Angeles Unified School District Board of Education adopted the Black Student Achievement Plan (BSAP) in February 2021. The initiative provides additional funding to identified schools to provide social-emotional […]
Hundreds of billions of dollars are distributed annually to more than 13,000 school districts across the country. But do states’ school finance systems, which are largely in charge of K-12 funding, provide adequate and equitable monetary resources? Rutgers University, the University of Miami and the […]
The Department of Finance (DOF) released anticipated trailer bill language on Feb. 15 outlining Gov. Gavin Newsom’s January Proposition 98 proposal. The proposal provides greater detail on the nuances of the mechanisms the administration intends to employ relating to the minimum funding guarantee as prescribed […]
Jan. 17: Legislative Analyst’s Office responds to Governor’s January Budget Proposal In December 2023, the nonpartisan Legislative Analyst’s Office (LAO) released its 2024–25 Fiscal Outlook, projecting the state’s budget deficit over the three-year fiscal period of 2022–23, 2023–24 and 2024–25 at $68 billion with a […]
By Chris Reefe, CSBA Legislative Director On Dec. 7, the state’s nonpartisan Legislative Analyst’s Office (LAO) issued its long-awaited Fiscal Outlook for the 2024–25 fiscal year. The report offered a revised — and extremely sobering — projection of the state budget and significantly more detail […]
At CSBA’s 2023 Annual Education Conference and Trade Show, California’s Legislative Analyst’s Office (LAO) unveiled the state’s latest budget numbers, painting a sobering picture for state finances and education funding. The LAO predicts tax revenues will fall about $26 billion short of earlier estimates for […]
