The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - Discretionary Spending Proposals New Spending Proposals of About $600 Million. The Governor’s budget includes around $600 million in new discretionary General Fund spending across the budget window. (We consider a proposal to be “discretionary” if it provides more funding for a program or a service above what is already committed under current law or policy.)
https://lao.ca.gov/Publications/Report/5101

Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - In recent years, GGRF has also received about $600  million annually in interest income, which would bring the GGRF balance to a total of about $4  billion under this scenario. This revenue level would be insufficient to fully fund the $4.3  billion in statutory allocations under SB  840, let alone the additional $1.5  billion for activities specified in legislative intent discussed above.
https://lao.ca.gov/Publications/Report/5096

The 2021-22 May Revision: Golden State Stimulus 2

May 18, 2021 - As shown in Figure  2 below, the second round of payments proposed by the Governor includes three different one-time payments: (1) $600 to taxpayers who did not receive the first round $600 payment, (2)  an additional $500 payment to families who claim a dependent (typically a child), and (3)  a separate $500 payment to ITIN filers who claim a dependent.
https://lao.ca.gov/Publications/Report/4435

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - All Other Spending Lower by $600 Million. Across the rest of the budget, the administration’s estimates of baseline spending (for example, for caseload growth, federal reimbursements, and statutory cost increases) are lower than ours by $600 million.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 California Spending Plan: Health

Oct 16, 2025 - The spending plan est imates this action saves $370  million General Fund in 2025-26, rising to $600  million General Fund in subsequent years. In addition, this year ’s health trailer bill adjusts the statutory formula for state rebates on HIV and cancer drugs, estimated to save $75  million General Fund in 2025-26 and $150  million General Fund ongoing in subsequent years.
https://lao.ca.gov/Publications/Report/5075

The 2022-23 Budget: Cap-and-Trade Revenue Update

Apr 29, 2022 - Under those two revenue scenarios, we estimated that total revenue would exceed the Governor’s budget assumptions by $600 million (low scenario) to $2.8 billion (base scenario) over the 2021-22 and 2022-23 fiscal years.
https://lao.ca.gov/Publications/Report/4591

Governor’s May Revision Update: Health Insurance Affordability Proposals

May 15, 2019 - The administration estimates that the average subsidy for households with incomes between 400  percent and 600  percent of the FPL would be about $100 per month. . . . With Relatively Smaller Subsidies for Households Eligible for Federal Assistance.
https://lao.ca.gov/Publications/Report/4047

The 2024-25 California Spending Plan: Housing and Homelessness

Oct 16, 2024 - Figure 2 Budget Reductions Result in Varying Levels of Net Funding Provided for Programs Since 2021 ‑22 a One ‑Time General Fund (In Millions) Program Foreclosure Intervention Housing Preservation Program $485 HHAPP Round Five supplemental grants 260 Homeless programs administrative set asides 152 Veterans Housing and Homelessness Prevention Program 100 Regional Early Action Planning grants
https://lao.ca.gov/Publications/Report/4936

The 2025-26 Budget: Partial Income Tax Exclusion for Military Retirement Income [EconTax Blog]

Feb 13, 2025 - The maximum benefit available under the proposal equates to a $600 tax reduction for the average military retiree. The tax savings would be larger for military retirees with higher incomes, most commonly working veterans with nonmilitary wages.
https://lao.ca.gov/LAOEconTax/article/Detail/820

The 2025-26 Budget: Partial Income Tax Exclusion for Military Retirement Income [EconTax Blog]

Feb 13, 2025 - The maximum benefit available under the proposal equates to a $600 tax reduction for the average military retiree. The tax savings would be larger for military retirees with higher incomes, most commonly working veterans with nonmilitary wages.
https://lao.ca.gov/LAOEconTax/Article/Detail/820