Follow Up From CSBA’s June 4, 2026 Webinar.
As California’s budget picture continues to evolve, education leaders are facing a familiar challenge: making long-term decisions in an increasingly uncertain environment.
During California School Boards Association (CSBA)’s recent webinar on the Governor’s May Revision, education finance experts discussed the latest budget updates and what they may mean for school districts and county offices of education.
Key Takeaways:
- Budget is largely balanced, but operational deficits are on the horizon. Districts should consider taking steps now (potentially through utilization of Block Grants) to hedge against future volatility.
- Proposition 98 remains a major focus. While the May Revision reflected an increase from January estimates, questions remain around long-term funding stability and the state’s treatment of the Prop 98 guarantee.
- Retirement costs require long-term attention. CalSTRS, CalPERS, and OPEB obligations remain important areas for proactive planning, especially as costs increase, while market conditions and contribution rates fluctuate.
- Declining enrollment and rising costs are adding pressure. Many districts are preparing for enrollment challenges that could impact staffing, benefits, and long-term fiscal sustainability over the coming decade.
Watch the Webinar Recording
Jump ahead to watch PARS Vice President, Rachael Sanders, provide an overview on OPEB/Section 115 Trusts, recent client success stories, and other fiscal tools.
Now What? Turn Uncertainty into Strategy
At PARS, we know every agency is at a different stage in its planning journey. As you assess the potential impacts of the May Revise, our team can help you evaluate options that align with your district’s long-term financial goals. Our education solutions include:
Start the Conversation Today
Contact our team if you have questions about this recent webinar, are curious to hear more about our services, or are interested in exploring a complimentary fiscal analysis. We look forward to connecting with you soon!