The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - Ongoing, the Governor ’s spending ‑related solutions provide $5  billion in savings within a few years. Appendix 1 provides a list of the Governor ’s budget solutions. Generates $5.6 Billion School and Community College Settle‑Up Obligation in 2025‑26.
https://lao.ca.gov/Publications/Report/5101

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Instead, much of the bounce appears to be tied to special forms of pay for high ‑income workers, such as bonuses and stock  compensation. Booming Stock Market Driving Income Growth. The recent run ‑up in the stock market, which appears tied to optimism surrounding artificial intelligence, is a primary driver of the rapid growth in pay to high ‑income workers.
https://lao.ca.gov/Publications/Report/4939

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 - First, despite a $42  billion upgraded revenue estimate, the Governor ’s proposal nevertheless cited a $3  billion deficit under DOF assumptions. Second, the Governor proposed suspending a $2.8  billion true-up deposit to the state ’s reserve that otherwise would be required.
https://lao.ca.gov/Publications/Report/5104

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - This is about $5  billion larger than the budget problem anticipated by the administration in June. Figure  3 provides our estimates of the General Fund condition, including our estimate of the budget problem.
https://lao.ca.gov/Publications/Report/5091

The 2018-19 Budget: Repaying the CalPERS Borrowing Plan

Apr 4, 2018 - As a result, it revised the General Fund ’s share of total repayments down to 49. 1  p ercent ($3. 4  b illion) and the other funds ’ share up to 50. 9  p ercent ($3. 6  b illion). General Fund Repayments to Vary With Available Proposition   2.
https://lao.ca.gov/Publications/Report/3797

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The forthcoming Appendix 2 and 3 will also provide a complete list of the savings, spending, and tax expenditure proposals. Savings Proposals Generates $1.6 Billion School and Community College Settle‑Up Obligation in 2024‑25.
https://lao.ca.gov/Publications/Report/4951

The 2019-20 Budget: California Spending Plan—Debt Liabilities

Oct 17, 2019 - Accordingly, the money would be apportioned so that 55  percent went to the Peace Officer/Firefighter pension benefit, 34  percent to the Miscellaneous pension benefit, 7  percent to the Safety pension benefit, and 3  percent to the Industrial pension benefit.
https://lao.ca.gov/Publications/Report/4106

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

Oct 27, 2021 - Some examples of these include (1) expand full‑scope Medi‑Cal, including IHSS, to undocumented older adults; (2) providing a grant increase for SSI/SSP recipients; (3) expanding eligibility and services for the Adult Protective Services program; and (4) establishing a permanent IHSS back‑up provide system.
https://lao.ca.gov/Publications/Report/4448

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - In this publication we: provide an overview of the 2025 ‑26 budget package, give a brief description of how the budget process unfolded, and then highlight the major features of the budget approved by the Legislature and signed by the Governor.
https://lao.ca.gov/Publications/Report/5079