Non-clients: $690 per attendee
Program Ends: 12:00 PM
As the Legislature digests Governor Gavin Newsom’s revised state General Fund estimates that includes an unanticipated $12 billion deficit and corresponding budget proposals for the 2025-26 fiscal year, final negotiations between them will most certainly impact TK-12 and community college districts as lawmakers sprint toward the June 15 constitutional deadline to pass a balanced budget. Their choices will not be easy and, regardless of the final outcome, larger economic and budget factors will continue to pose some risk to the state and to local educational agencies (LEAs).
The impending deal between Governor Newsom and the California Legislature will determine if the Enacted Budget appropriates the full amount of funding to education or if, as the Governor proposes, it delays any portion of the Proposition 98 minimum guarantee in 2024-25. Other key decision points include whether to:
Adopt the Governor’s proposed $1.7 billion TK-12 discretionary block grant as is or if the final appropriation will come with some spending restrictions or a different local allocation method
Appropriate funding for the implementation of new ethnic studies graduation requirements
Defer over $2 billion in local apportionments to cover the full cost of a 2.30% cost-of-living adjustment
Expand universal Expanded Learning Opportunities Program to include LEAs with at least 55% unduplicated pupil percentages
Lower transitional kindergarten classroom ratios and adequately cover the cost of doing so
The 2025 School Finance Conference will be the next major fiscal checkpoint for your local agency. Through this live webinar, we will provide you timely and accurate budget and program information that you can operationalize locally—including school funding forecasts that are critical factors for multiyear projections and budget-year decisions. We consistently offer our best advice, especially during an uncertain and rapidly changing environment. With this in mind, we will continue to follow the State Budget deliberations during and after the webinar, keeping you informed through our Fiscal Report.
In the meantime, please be sure to hold this date for our
2025 School Finance Conference webinar:
Tuesday, July 22, 2025
9:00 a.m. to 12:00 p.m.
Attendees will be able to submit questions during the webinar to be answered during the event. For those unable to make the live event, the webinar will be recorded so that you can view the content at a convenient time for you.
Cost and Registration
If you registered for the 2025 May Revision Workshop, you are already registered for the School Finance Conference—you receive two events for the price of one! If you did not, please register today to ensure your spot at this important event.
****IMPORTANT NOTE****
The 2025 School Finance Conference will be delivered via Zoom. Each registered participant will receive a personalized, non-shareable Zoom link to log into and participate in the webinar.
Conference Topics:
- California’s economy and state tax revenues
- Proposition 98 funding and its impact on TK-12 education funding
- New or changed education program requirements enacted through trailer bills for the 2025-26 school year
- Employee leaves, pension, employment, and other human resources issues
- Potential federal funding changes, along with their impact on California’s economy and/or education system
- Collective bargaining issues and the impasse process
- Considerations as you close the books
Non-clients: $690 per attendee
Program Ends: 12:00 PM