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
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California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - But even if the stock market boom persists for longer and revenues ultimately exceed our forecast, the solutions adopted to balance the budget using more cautious revenue assumptions should not be viewed as unnecessary.
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

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

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The budget provides $24  million to annualize the cost of 2,959 preschool slots added April  1, 2017. The budget also provides $8  million for 2,959 new full ‑day State Preschool slots at local education agencies (LEAs) starting April  1, 2018.
https://lao.ca.gov/Publications/Report/3694/4

COVID-19 and California’s Evolving Fiscal Outlook

Mar 18, 2020 - In a more pessimistic scenario, economic activity would remain depressed for longer, compounded by dislocated supply chains and reduced lending caused by elevated risk aversion in credit markets. Whatever emerges as the economic path forward is likely contingent on the course of the virus itself and, relatedly, the extent and duration of its effects on consumer activity.
https://lao.ca.gov/Publications/Report/4203

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 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - In the case of the state ’s supplemental pension payments to CalPERS made under Proposition  2, the state has chosen to direct the recent payments toward longer amortization bases, resulting in more total savings over a longer period, rather than maximizing near ‑term benefits.
https://lao.ca.gov/Publications/Report/4887