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

Dec 9, 2025 - The preliminary auction results for the November auction of $844  million are lower than this quarterly amount by roughly $26  million (3  percent). As shown in the figure, this was also the case for the August auction.
https://lao.ca.gov/Publications/Report/5096

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

The 2025-26 California Spending Plan: Health

Oct 16, 2025 - The 2025-26 California Spending Plan: Health 100 100 a The spending plan assumes a portion of funds designated for this service ($88 million) cannot be allocated due to implementation issues and instead will be spent in 2027.
https://lao.ca.gov/Publications/Report/5075

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

^[PDF] A SHARE-OF-COST FEE POLICY

A SHARE-OF-COST FEE POLICY Fees Paid Low Fee Modela Mid Fee Model High Fee Model Note: Each model assumes total state spending of $600 million and half of all students are financially needy. aUnder this model, all $600 million in state spending is needed for untargeted aid, leaving no funds for targeted aid to financially needy students. bUnder this model, after
https://lao.ca.gov/handouts/education/2004/A_Share_of_Cost_Student_Fee_Policy.pdf

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
https://lao.ca.gov/Publications/Report/4936

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - The law requires state entities to set a goal of awarding at least 3 percent of their annual contract value to service‑disabled veteran‑owned businesses. This is commonly known as the “3 percent participation goal.”
https://lao.ca.gov/Publications/Report/5095

Disabled Veteran Business Enterprise Program Review [Publication Details]

Dec 2, 2025 - As required by Chapter 80 of 2020 (SB 588, Archuleta), this brief reviews California’s Disabled Veteran Business Enterprise (DVBE) program. Specifically, it focuses on policies and practices designed to prevent program abuse and noncompliance.
https://lao.ca.gov/Publications/Detail/5095

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - At the time of this publication, the mental health Receiver had approved CDCR ’s request to close 100 excess inpatient beds and was deliberating on whether to deactivate additional excess inpatient beds.
https://lao.ca.gov/Publications/Report/5134

2025 Update: Tech Company Stock Pay Accounts for One-Quarter of Withholding Growth So Far in 2025-26 [EconTax Blog]

Dec 3, 2025 - Including California ’s other large technology firms, the state ’s tech companies make up more than 60 percent of the total value of the Nasdaq 100 index, a list of the 100 most valuable companies listed on the Nasdaq stock exchange.
https://lao.ca.gov/LAOEconTax/article/Detail/843