The 2016-17 Budget: The Governor’s Proposition 2 Debt Proposal - The 2016-17 Budget: The Governor’s Proposition 2 Debt Proposal [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video The 2016-17 Budget: The Governor’s Proposition 2 Debt Proposal February 24, 2016 Watch it on YouTube .
https://lao.ca.gov/Videos/Player?playlistId=101

The 2016-17 Budget: California's Fiscal Outlook - California's Fiscal Outlook [Video]

View  this video on   YouTube . Video Selection California 's Fiscal Outlook Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Videos/Player?playlistId=95

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The added risk variable weighs on the range of revenue outcomes that we view as most plausible. The middle of the range, which becomes our main revenue forecast, is thus lower than if we did not include the stock market risk indicator.
https://lao.ca.gov/Publications/Report/5104

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - During the special session, the Legislature added Control Sections 90.00 and 90.01 to the 2024 ‑25 Budget Act providing up to $2.5  billion one ‑time for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5079

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

Jun 19, 2015 - Growth in ongoing programmatic spending, however, is masked by various one-time actions, including one-time spending in 2014‑15 on debt payments and mandate backlog claims, and the end of the “triple flip ” mechanism used to finance the state ’s prior deficit financing bonds.
https://lao.ca.gov/Publications/Report/3279

California's Legislative Analyst's Office and the Value of Independence

Nov 15, 2024 - As such, our independent fiscal assessment underlies the Legislature ’s ability to assert an informed check on the executive branch, making any added complexity from diverging estimates a worthwhile trade-off.
https://lao.ca.gov/Publications/Report/4938

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Finally, although we have not previously recommended the Leg islature take decisive action to address the structural deficits, the state ’s persistent fiscal imbalance and the added downside risks —particularly from potential federal actions —suggest a need for a more proactive approach.
https://lao.ca.gov/Publications/Report/5044

Tempered Expectations

Dec 9, 2019 - Consider how the following variables aligned in such a way to facilitate the state ’s improved fiscal condition: An extended ten year-plus —now a record in duration —period of uninterrupted economic growth; A more than tripling of stock market valuations since 2009; Voter-approved tax increases (Proposition  30 in 2012 and Proposition  55 in 2016), the timing of which coincided
https://lao.ca.gov/Publications/Report/4122

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Outside of government and health care, the state has added no jobs in a year and a half. Similarly, the number of Californians who are unemployed is 25  percent higher than during the strong labor markets of 2019 and 2022.
https://lao.ca.gov/Publications/Report/4939

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

Oct 2, 2018 - DOF must notify the JLBC of any projects added with estimated costs of greater than $ 1  m illion, as well as provide a quarterly report of all changes to the list of projects. The budget also requires DOF to provide the JLBC with an annual report on the status of funded projects.
https://lao.ca.gov/Publications/Report/3870/12