The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - All figures in this publication reflect the administration ’s estimates of actions taken through early July 2025, however, we have updated the text to reflect actions taken later in the legislative session.
https://lao.ca.gov/Publications/Report/5079

The 2012-13 Budget: Economic and Revenue Update [Publication Details]

Feb 27, 2012 - Like the economic data, reports concerning state revenues have been mixed recently too, with weakness in income tax payments accompanied by speculation concerning a future bonanza of tax revenues due to the possible offering of stock by Facebook, Inc.
https://lao.ca.gov/Publications/Detail/2578

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The added risk variable weighs on the range of revenue outcomes that we view as most plausible. The middle of the range, which becomes our main revenue forecast, is thus lower than if we did not include the stock market risk indicator.
https://lao.ca.gov/Publications/Report/5104

The 2016-17 Budget: Initial Comments on the Governor’s May Revision

May 15, 2016 - (“Discretionary,” in this context, excludes billions of dollars controlled by constitutional funding requirements, such as Proposition 98 and Proposition 2, and added costs to maintain existing policies.)
https://lao.ca.gov/Publications/Report/3460

California's Legislative Analyst's Office and the Value of Independence

Nov 15, 2024 - As such, our independent fiscal assessment underlies the Legislature ’s ability to assert an informed check on the executive branch, making any added complexity from diverging estimates a worthwhile trade-off.
https://lao.ca.gov/Publications/Report/4938

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Finally, although we have not previously recommended the Leg islature take decisive action to address the structural deficits, the state ’s persistent fiscal imbalance and the added downside risks —particularly from potential federal actions —suggest a need for a more proactive approach.
https://lao.ca.gov/Publications/Report/5044

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - (The legislation defines GenAI as “artificial intelligence that can generate derived synthetic content, such as text, images, video, and audio, that emulates the structure and characteristics of the artificial intelligence’s training data.”)
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - (The legislation defines GenAI as “artificial intelligence that can generate derived synthetic content, such as text, images, video, and audio, that emulates the structure and characteristics of the artificial intelligence’s training data.”)
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - As described in the text, SFEU balance may be $400  million higher as the Legislature and the Governor have not reached agreement to spend $400  million on affordable housing, as had been assumed in June 2016 budget package. b Budget act estimates a “true down, ” resulting in a reduction of $39  million. c Amount by which SFEU grows relative to the 2015 –16 budget plan.
https://lao.ca.gov/Publications/Report/3487

The 2015-16 Budget: Major Features of the Adopted Plan (Other Issues)

Jun 19, 2015 - Chapter  1, Statutes of 2015 (AB  91, Committee on Budget) —the emergency drought legislation passed in March  2015 —included $660  million (primarily from Proposition  1E) for flood protection projects in urban and rural areas, as well as for grants to local governments for local flood protection activities.
https://lao.ca.gov/Publications/Report/3278