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November 21, 2025 - The 2025-26 spending plan provides around $38 billion from the General Fund for human services programs across ten state departments, councils, and commissions.
November 19, 2025 - Chapter 442 of 2023 (AB 543, Gipson) extended a longstanding sales tax exemption for certain purchases of bunker fuel, also known as maritime fuel. The law directs our office to submit an annual report containing data on three outcomes: the average monthly maritime fuel price at all domestic and international Pacific seaports, the average monthly maritime fuel price at California seaports, and maritime fuel deliveries at California seaports. This report fulfills that statutory requirement.
November 19, 2025 - We forecast that increases to the Proposition 98 guarantee in 2024-25 and 2025-26, coupled with a preexisting payment obligation, require the state to provide nearly $7.4 billion in one-time funds for schools and community colleges. For 2026-27, we estimate the guarantee is $117.8 billion, an increase of $3.2 billion (2.8 percent) from the previously enacted level. This growth—combined with a required reserve withdrawal—would be just enough to fund a 2.51 percent statutory cost-of-living adjustment (COLA). The state could use the one-time funds to build budget resiliency, which seems especially important given the risks of a stock market downturn.
November 19, 2025 - Each year, our office publishes the Fiscal Outlook in anticipation of the upcoming budget season. This report gives the Legislature our independent estimates and analysis of the state’s General Fund budget condition with the goal of helping lawmakers prepare for the 2026-27 budget process. As always, our Fiscal Outlook evaluates the budget’s condition based on current law and policy both at the state and federal level.
November 14, 2025 - This post summarizes the state’s 2025-26 spending package for higher education. It is part of our Spending Plan series. In this post, we provide an overview of the state’s higher education spending package, then cover spending for the California Community Colleges (CCC), California State University (CSU), University of California (UC), student financial aid, and California State Library. The EdBudget part of our website contains many tables providing more detail about the 2025-26 education budget.
November 14, 2025 - This post summarizes Child Care and State Preschool spending in the 2025-26 budget package.
November 13, 2025 - Presented to: Senate Committee on Human Services
November 10, 2025 - This post summarizes Proposition 98 funding and K-12 education spending in the 2025-26 budget package.
October 24, 2025 - The 2025-26 budget provides $17.3 billion from the General Fund for judicial and criminal justice programs, including support for program operations and capital outlay projects. This is a decrease of $569 million, or 3 percent, below the revised 2024-25 level.
October 24, 2025 - We describe the changing fiscal and policy landscape for Medi-Cal resulting from Congressional enactment of H.R. 1 and the key issues facing the Legislature.
October 22, 2025 - The 2025-26 budget package contains a number of major actions in the area of agency reorganization, homelessness, housing, and other actions, which we describe in this post.
October 16, 2025 - This post discusses features of the state's spending plan that were not covered elsewhere in the 2025-26 Spending Plan series.
October 16, 2025 - This post begins by providing an overview of total spending for the departments overseen by the California Natural Resources Agency (CNRA) and California Environmental Protection Agency (CalEPA). Next, we discuss a number of cross-cutting issues that affect departments in both agencies, including Proposition 4, budget reductions, and spending from the Greenhouse Gas Reduction Fund (GGRF). We then discuss individual departments that had notable budget changes within each of the two agencies.
October 16, 2025 - Each year, our office publishes the California Spending Plan to summarize the annual state budget. In this publication we: provide an overview of the 2025-26 budget package, give a brief description of how the budget process unfolded, and then highlight the major features of the budget approved by the Legislature and signed by the Governor.