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

Dec 9, 2025 - . $125  million for transit passes. $85  million for climate-focused technological innovation. $25  million for seed funding for a University of California Climate Research Center. $15  million to rebuild Topanga Park (which sustained damage in the Palisades fire).
https://lao.ca.gov/Publications/Report/5096

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - For example, the Metropolitan Transportation Commission in the Bay Area indicates that, consistent with the SB 125 plan it submitted to the Legislature, it programmed about $250 million of the anticipated funds which the Legislature has not yet appropriated for two Bay Area Rapid Transit expansion capital projects in order to help leverage billions of dollars in forthcoming federal support from the Capital Investment Grant Program.
https://lao.ca.gov/Publications/Report/5114

Overview of New Updates to the Cap-and-Invest Program

Dec 9, 2025 - For example, Chapter  121 of 2025 (S B  840 , Lim ón) expresses the Legislature ’s intent to fund the following specific activities from the $1  billion discretionary GGRF set aside in  2026 ‑27: $125  million for transit passes. $85  million for climate ‑focused technological innovation. $25  million for seed funding for a University of California Climate Research Center. $15  million to rebuild Topanga Park (which sustained damage in the Palisades fire).
https://lao.ca.gov/Publications/Report/5097

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - These chronic deficits have persisted even as the state ’s economy and revenues have grown and the Legislature has adopted solutions totaling more than $125  billion to address budget problems over the past four years, underscoring that the problem is structural rather than cyclical.
https://lao.ca.gov/Publications/Report/5116

Adoption of April 2021 Wildfire and Forest Resilience Early Action Package

Apr 16, 2021 - Of the total funding for the package, $411  million is from the General Fund and $125  million is from the Greenhouse Gas Reduction Fund (GGRF). The amounts from the General Fund are provided on a one-time basis, though in many cases departments anticipate expending the funds over multiple years.
https://lao.ca.gov/Publications/Report/4414

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Based on the scope of the contract, the administration now anticipates (1)  savings of $425  million in 2025-26 from two departments ($300  million from DHCS and $125  million from CDCR) and (2)  unknown savings in the outyears.
https://lao.ca.gov/Publications/Report/5081

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - As noted above, the budget package does not include $125  million that had been planned for 2025-26 from Proposition  98 General Fund for zero-emission school bus infrastructure. Two other notable modifications to CEC ’s budget include the following: Provides Authority to Use Various Federal Funds.
https://lao.ca.gov/Publications/Report/5080

The 2021-22 Budget: California Natural Resources Agency [Publication Details]

Jan 27, 2021 - This publication discusses the Governor's 2021-22 January budget proposals for the California Natural Resources Agency, including $125 million for habitat restoration projects and $4.5 million to move to a new office building.
https://lao.ca.gov/Publications/Detail/4324

The 2024-25 California Spending Plan: Resources and Environmental Protection

Sep 12, 2024 - The spending plan provides CalFire with an additional $125  million in reimbursement authority on an ongoing basis. This authority is intended to enable CalFire to receive reimbursements from non-state entities —such as the federal government —for work that the department completes on their behalf.
https://lao.ca.gov/Publications/Report/4928

The 2023-24 California Spending Plan: Resources and Environmental Protection

Oct 16, 2023 - Specifically, the budget eliminates $900  million General Fund for the program in 2023 ‑24, replacing it with $280  million GGRF in 2023 ‑24, $125  million General Fund in 2024 ‑25, and $225  million General Fund in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4807