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 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - K ‑12 Attendance Projected to Drop in 2021 ‑22, Rise Over the Following Four Years. The state did not collect school attendance data in 2020 ‑21 due to the pandemic and the temporary switch to remote learning.
https://lao.ca.gov/Publications/Report/4473

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - During the special session, the Legislature added Control Sections 90.00 and 90.01 to the 2024 ‑25 Budget Act providing up to $2.5  billion one ‑time for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5079

The 2022-23 Budget: Overview of Proposition 98 Proposals [Publication Details]

Jan 27, 2022 - This analysis describes the overall structure of the Governor's plan for school and community college funding, including the major spending proposals and underlying estimates of the Proposition 98 minimum guarantee.
https://lao.ca.gov/Publications/Detail/4502

With New Deficits Looming, California Will Weigh its Options for Allocating a Large Revenue Windfall

Dec 1, 2020 - A new supplemental payment to the schools, instituted in the 2020 ‑21 budget, contributes to strong projected funding growth for K-14 education. After accounting for cost-of-living and other baseline adjustments, we estimate that the Legislature will have increasing amounts of funding available for new K-14 commitments over the outlook period.
https://lao.ca.gov/Publications/Report/4305

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: Multiyear Budget Outlook

May 24, 2025 - In some cases, such as K-14 education and Department of Developmental Services, slower growth is primarily due to changes in our underlying assumptions. In others —most notably Medi-Cal —reduced growth mainly reflects the choices in the May Revision.
https://lao.ca.gov/Publications/Report/5052

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 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Though this mandate is added to the block grant, the budget does not include additional block grant funding for it. Applies Cost ‑of ‑Living Adjustment (COLA) to Certain Programs. In addition to these changes, the budget provides a 1.56  percent COLA for both the K ‑12 and community college mandates block grants and establishes a statutory COLA for them moving forward.
https://lao.ca.gov/Publications/Report/3694/3