California’s schools and colleges will likely face a $19 billion budget deficit over the next three years, according to the state’s nonpartisan Legislative Analyst’s Office.
In a fiscal outlook report published Dec. 7, analysts found that California’s overall budget deficit could more than double in the next year—from $30 billion for fiscal 2022–23 to about $68 billion for 2024–25. The state’s budget for the current 2023–24 fiscal year is $310 billion.
