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Budget presentation preserves core Proposition 98 funding, expands TK and defers some higher‑education payments
Summary
Department of Finance told the Assembly Budget Committee the budget maintains a substantial Proposition 98 guarantee, provides ongoing funding to expand universal transitional kindergarten and includes one‑time deferrals for UC and CSU baseline funding; committee members urged careful use of one‑time dollars given out‑year constraints.
During the Department of Finance presentation, staff outlined major education provisions in the budget agreement and related trailer bills. The presentation cited a Proposition 98 minimum guarantee for 2025–26 of about $114.6 billion and total Proposition 98 appropriations of roughly $118.0 billion.
Key K‑14 and higher education items described in committee
- Universal transitional kindergarten: $2.1 billion ongoing Proposition 98 General Fund to expand TK to all 4‑year‑olds in the 2025–26 school year. - One‑time student…
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