School Finance Conference

The 2024-25 education budget presents a significant Proposition 98 issue for K-12 and community college districts that will affect their ability to meet the needs of their communities in the near- and long-term. This is because how the final 2024-25 Enacted Budget treats an $8.8 billion 2022-23 fiscal year allocation to K-14 agencies above the state’s constitutional minimum obligation could translate into a $12-$14 billion reduction if Governor Gavin Newsom’s proposal is adopted. As Governor Newsom and legislative leaders enter the final stretch of the State Budget negotiations to address the remaining $27 billion deficit (after having taken early budget action in April to reduce it), the political crystal ball remains fuzzy. Fuzzier still are the budget options―and their trade-offs―that the state has to fund Proposition 98 as established in the California Constitution amidst rising costs and falling revenues.

The next major fiscal checkpoint for your local agency will be at our annual School Finance Conference, which has been the centerpiece of school agency financial management and business planning for more than 40 years. Traditionally, our School Finance Conference is held in July each year—after the Governor has approved the Legislature’s June 15 State Budget and after budget trailer bills have been acted upon. Again, this year we will present the School Finance Conference as a live webinar.

We at School Services of California Inc. always strive to find ways to provide you timely and accurate information that you can operationalize locally. 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 articles and videos.

In the meantime, please be sure to hold this date for our
School Finance Conference webinar:
Thursday, July 18, 2024
9:00 a.m. to 12:00 p.m.

As with our prior conferences, this year’s program will focus on the newly adopted State Budget, current management issues, and implementation of current initiatives for public education. Additionally, our presentation will discuss forecasts of school funding for future months and years—a critical factor for multiyear projections and, therefore, budget-year decisions.

Attendees will be able to submit questions during the webinar to be answered live at the end of 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 2024 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.

Cancellation Policy