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 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Budget Package Signed by Governor. The Governor signed the 2017 ‑18 Budget Act and other budget ‑related bills between June  27, 2017 and September  28, 2017. These bills are detailed in Figure  5. The Governor did not veto any appropriations in the 2017 ‑18 Budget Act .
https://lao.ca.gov/Publications/Report/3694/2

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Under our revenue and spending estimates, the Legislature faces an almost $18  billion budget problem in 2026 ‑27. This is about $5  billion larger than the budget problem anticipated by the administration in June.
https://lao.ca.gov/Publications/Report/5091

The 2018-19 Budget: Repaying the CalPERS Borrowing Plan

Apr 4, 2018 - The 2017 ‑ 18 b udget package authorized a plan to borrow $ 6 b illion from the Pooled Money Investment Account (PMIA) —an account that is essentially the state ’s checking account —to make a one ‑time supplemental payment to CalPERS.
https://lao.ca.gov/Publications/Report/3797

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 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The 2017 ‑18 budget expands the state Earned Income Tax Credit to taxpayers with self ‑employment income and to include taxpayers with incomes up to $22,300, significantly increasing the number of taxpayers eligible to claim the tax credit.
https://lao.ca.gov/Publications/Report/3694/1

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

Oct 2, 2018 - In response, in March, the Legislature passed and the Governor signed Chapter   8 o f 2018 (A B  110 , Committee on Budget), which authorized funding for foster care assistance payments at the time of placement on a temporary basis in 2017 ‑18.
https://lao.ca.gov/Publications/Report/3870/7

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 2017-18 Budget: California Spending Plan

Oct 18, 2017 - As most LEAs do not have any such claims, we estimate only about one ‑third ($268  million) of the funding will end up reducing the K ‑12 mandates backlog. We estimate the K ‑12 mandates backlog will be $799  million at the end of 2017 ‑18.
https://lao.ca.gov/Publications/Report/3694/3

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - DOF  forecasts the adjustment factor will be 5 percent in 2018 ‑19 and 7  percent in 2019-20 and 2020-21. IHSS = In-Home Supportive Services; VLF = vehicle license fee; and DOF = Department of Finance.
https://lao.ca.gov/Publications/Report/3694/8