California K-12 Education Faces $7.7 Billion Shortfall: Legislative Analyst

This drop is in addition to the $13.7 billion decrease in the education budget that Gov. Gavin Newsom announced in his proposed 2024–25 budget in January.

A school classroom in Tustin, Calif., on March 10, 2021. John Fredricks/The Epoch Times

California school districts crafting their 2024–25 budgets must consider the looming financial hardships created by the state budget deficit.

In a Feb. 15 report, the nonpartisan Legislative Analyst’s Office (LAO) predicted that lower state revenue would result in a $7.7 billion drop in TK-12th grade funding for the next two fiscal years.