Schools are heading into the second half of the year with several major fiscal and policy questions still unresolved. Interest rates remain elevated, keeping pressure on borrowing costs for facilities and construction projects, while California’s November ballot continues to take shape. With several initiatives already moving forward and others still awaiting final verification, the coming weeks could clarify what voters will be asked to decide this fall.

California’s June primary has narrowed the field for major statewide races, but the final matchups may not be fully settled yet. At the same time, CalSTRS’ latest actuarial update offers a clearer look at contribution rates, funded status, investment performance, and what school districts may expect as they plan for future retirement costs.

California’s November ballot is taking shape, and the stakes for schools could be significant. As voters prepare to weigh complex fiscal measures, the governor’s race is also raising important questions about the future of the state General Fund and Proposition 98. This week’s article examines how ballot measures, economic pressures, and leadership decisions could shape education funding in the years ahead.

California’s May Revision offers a cautiously stronger economic outlook, with signs that revenue declines may be less severe than previously projected. But rising inflation and higher costs continue to shape the budget picture for schools. This week’s article looks at what the updated forecast could mean for Proposition 98, district budgets, and ongoing Capitol discussions around school funding.