The 2015-16 Budget: Major Features of the Adopted Plan (Other Issues)

Jun 19, 2015 - Chapter  1, Statutes of 2015 (AB  91, Committee on Budget) —the emergency drought legislation passed in March  2015 —included $660  million (primarily from Proposition  1E) for flood protection projects in urban and rural areas, as well as for grants to local governments for local flood protection activities.
https://lao.ca.gov/Publications/Report/3278

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The budget includes $8.6  million and 91  positions on an ongoing basis for workload from issuing AB  60 licenses. This level is significantly less than the resources initially provided on a temporary basis for AB  60 workload.
https://lao.ca.gov/Publications/Report/3694/10

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

The 2018-19 Budget: Overview of the Governor's Budget

Jan 12, 2018 - Excluding this amount, the increase from 2017 ‑18 is $91 million (8.1 percent). b Per ‑pupil amount combines funding for K ‑12 education, preschool, and other agencies. FTE = full ‑time equivalent. Largest Ongoing K ‑12 Augmentation Is for Full Implementation of LCFF.
https://lao.ca.gov/Publications/Report/3731

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

Jan 12, 2026 - The administration projects the budget faces a roughly $3  billion deficit. This is lower than our November Fiscal Outlook estimate of an $18  billion deficit, for two offsetting reasons. First, and most importantly, the administration ’s revenue estimate is considerably higher than ours because it does not incorporate the strong risk of a stock market downturn.
https://lao.ca.gov/Publications/Report/5101

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Figure 3 General Fund Condition Under Fiscal Outlook (In Millions)
https://lao.ca.gov/Publications/Report/5091

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - Figure  3 provides a broader perspective on changes in long-term spending across major programs —largely reflecting the May Revision ’s ongoing solutions. (However, the figure also captures the effects of updated assumptions and estimates.)
https://lao.ca.gov/Publications/Report/5052

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

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

Jan 13, 2025 - (On a technical basis, under the administration ’s estimates, we estimate the balance of the Special Fund for Economic Uncertainties [SFEU] would be about $3  billion before the Governor ’s proposals.)
https://lao.ca.gov/Publications/Report/4951