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 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 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Most notably, the budget allocates $1. 3  b illion in Proposition   56 t axes on tobacco products to three major purposes: ( 1)  t o increase payments to Medi ‑Cal providers ($ 821  m illion), ( 2)  t o establish a student loan repayment program for Medi ‑Cal physicians and dentists, and ( 3)  t o offset General Fund spending in Medi ‑Cal.
https://lao.ca.gov/Publications/Report/3870/1

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - The package also includes (1) $1.8 billion in 2021 ‑22 to support active transportation, climate adaptation, and grade separation projects, and (2) $100 million in 2023 ‑24 to augment a local litter abatement and beautification grant program initiated in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4616

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - The budget agreement includes $600  million one-time ARP fiscal relief funds to start a new grant program for regions to develop and implement regional plans to create jobs in sustainable industries.
https://lao.ca.gov/Publications/Report/4452

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - The budget also includes one ‑time funding of $ 280 m illion for improvements at the Port of Oakland, nearly $ 300 m illion for various California Highway Patrol and Department of Motor Vehicles facility improvements, and $ 100 m illion for rail and transit demonstration projects as part of the larger “zero ‑emission vehicle package. ” Notably, the budget act included an
https://lao.ca.gov/Publications/Report/4448

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - For example, we recommend the Legislature: Do Not Suspend the $3  Billion True Up Into the Budget Stabilization Account (BSA). The Governor ’s budget proposes suspending a roughly $3  billion true-up deposit that otherwise would be required in 2025-26.
https://lao.ca.gov/Publications/Report/5133

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The current discrepancy over the size of the state ’s budget deficit —$18  billion under the Legislative Analyst ’s Office estimate versus $3  billion in the Governor ’s budget —fits squarely within that pattern.
https://lao.ca.gov/Publications/Report/5104

The 2019-20 Budget: California Spending Plan (Final Version)

Oct 17, 2019 - First, the spending plan provides new state subsidies to reduce the cost of coverage purchased through Covered California for households with incomes up to 600  p ercent of the FPL, at a cost of $ 429  m illion (General Fund) in 2019 ‑20.
https://lao.ca.gov/Publications/Report/4083

Rethinking California's Reserve Policy

Apr 10, 2025 - Throughout this period, as shown on the right side of Figure  3, the SFEU balance was generally enacted around 1  percent to 3  percent of revenues —very small compared to the reserves and surpluses of the decades before.
https://lao.ca.gov/Publications/Report/5028