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2025–26 Budget Cycle: Where Are We Now?

January Proposal
Jan 10, 2026
Governor releases
proposed budget
Legislative Review
Jan–May
Budget subcommittees
hold hearings
May Revision
May 15, 2026
Updated budget
based on revenues
NEXT UP
Legislature Votes
By June 15
Constitutional
deadline
Governor Signs
Late June
Final budget
enacted
New Fiscal Year
July 1, 2026
First payments
go out
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2025–26 Proposed Budget — Key Numbers

Based on the Governor's January 2026 Budget Proposal. Numbers will be updated after the May 15 Revision.

$348.9B
Total State Budget (All Funds)
January 2026 Proposal
$125.5B
Total TK–14 Education Funding
Prop 98 — all funds combined
2.41%
LCFF Cost of Living Adjustment
~$2B added to discretionary funds
$561M+
Home-to-School Transportation
$322M one-time + $239M ongoing
$30.7M
Necessary Small Schools LCFF
Increase for small rural districts
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Education Budget Highlights — January Proposal

Program Description Amount
LCFF — Cost of Living Adjustment 2.41% COLA applied to base and supplemental/concentration grants statewide (~$73B total program) ~$2.0B
increase
Special Education (AB 602) State base allocation to districts via SELPA. Does not include federal IDEA funds (~$1.5B additional) ~$4.6B
Child Nutrition Programs School meals (National School Lunch, School Breakfast, CACFP). Includes state and federal reimbursements ~$3.8B
Home-to-School Transportation $239M ongoing increase + $322M one-time for fleet modernization and route expansion $561M
Child Care & Preschool State subsidized child care, CalWORKs Stages 1–3, and California State Preschool Program ~$3.2B
Universal Transitional Kindergarten (UTK) Full phase-in for all eligible 4-year-olds. Drives significant new certificated and classified staffing ~$2.1B
Prop 28 — Arts & Music Education Voter-approved dedicated funding; at least 80% must be spent on certificated and classified staff salaries ~$941M
Necessary Small Schools LCFF add-on for rural schools too small to reach the per-ADA funding minimums through the base formula +$30.7M
Total Prop 98 Guarantee (TK–14, All Funds) $125.5B
Source: California Department of Finance (DOF), 2025–26 January Governor's Budget (January 10, 2026); Legislative Analyst's Office (LAO), Education Analysis. Child Nutrition and Child Care figures include state and federal funds combined, approximate. Data as of April 27, 2026.
What is Prop 98? The Proposition 98 Guarantee is a constitutional formula that sets a minimum funding floor for K–14 education. It ensures that a set percentage of the state's General Fund goes to schools and community colleges. When state revenues rise, Prop 98 funding typically rises with it.
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Budget Phases — What to Watch

✅ January Budget Proposal
Released January 10, 2026

The Governor's opening proposal for 2025–26. It establishes the funding levels for LCFF, transportation, special education, and all other programs. This is the starting point for negotiations — not the final word. Key education number: $125.5 billion total for TK–14.

✅ Legislative Subcommittee Hearings
January – May 2026

Both the Assembly and Senate hold budget subcommittee hearings on education. These are opportunities for the public, unions, and advocacy groups to testify. Subcommittees can modify the Governor's proposal — adding or cutting programs.

⏳ May Revision COMING SOON
May 15, 2026 — Traditional Release Date

The most important budget event of the year. After April 15 tax collections are tallied, the Governor updates the proposed budget to reflect actual revenues. If revenues came in higher than expected, this is where new education funding appears. If lower, this is where cuts are proposed. Watch this date closely.


→ See our May Revision page for a full breakdown once it's released.

○ Legislature Votes
By June 15, 2026 (Constitutional Deadline)

The Legislature must pass a balanced budget by June 15. A two-thirds vote is required. Conference committees reconcile differences between Assembly and Senate versions. This is often where final deals on school funding are struck.

○ Governor Signs — New Fiscal Year Begins
Late June → July 1, 2026

The Governor signs the budget, typically in late June. The new fiscal year begins July 1, and the state's first principal apportionment payments go out to districts. Additional "trailer bills" may still modify program details after the main budget is signed.

For Union Members & Bargaining Teams

The state budget directly determines how much money flows to your district. A strong Prop 98 guarantee, a healthy LCFF COLA, and robust transportation funding all mean more money available for wages, benefits, and staffing. Know these numbers.

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Official Sources