The 2012-13 Budget: Economic and Revenue Update [Publication Details]

Feb 27, 2012 - Like the economic data, reports concerning state revenues have been mixed recently too, with weakness in income tax payments accompanied by speculation concerning a future bonanza of tax revenues due to the possible offering of stock by Facebook, Inc.
https://lao.ca.gov/Publications/Detail/2578

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - The Governor ’s budget also maintains a $7  billion withdrawal from the BSA in 2025-26. If a May Revision windfall exceeds the amount needed to fund the true up, we recommend the Legislature use those resources to reduce the size of this withdrawal.
https://lao.ca.gov/Publications/Report/5133

Overview of Major Impacts of H.R. 1 – One Big Beautiful Bill Act [Publication Details]

Aug 20, 2025 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5067

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - These choices included about $11  billion in spending ‑related solutions and $15  billion in all other solutions, including $5.5  billion in temporary revenue increases and a $7  billion withdrawal from the state ’s rainy ‑day fund .
https://lao.ca.gov/Publications/Report/4939

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - Analysis Budget Year Budget Problem $7  Billion Higher Under LAO Revenue and Spending Estimates. Under our office ’s revenue and spending projections, and assuming the Governor ’s May Revision policies are adopted, the budget problem for this year is $7  billion larger.
https://lao.ca.gov/Publications/Report/4907

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - While the Governor focuses solutions in Medi-Cal —constituting $11  billion of the total $16  billion in solutions —the Legislature could pursue a different mix of spending and/or revenue solutions than those proposed.
https://lao.ca.gov/Publications/Report/5052

Rethinking California’s Reserve Policy (Panel 2) [Publication Details]

May 7, 2025 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5041

Reserves, Proposition 2, and the Budget Stabilization Account (Panel 1) [Publication Details]

May 7, 2025 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5040

Fiscal Outlook: In-Home Supportive Services (IHSS)

Nov 15, 2017 - Since the current average wage for IHSS providers is a little over $11 per hour (above the current statewide minimum wage of $10.50 per hour), we project that the major costs of the scheduled minimum wage increases will begin when wages increase to $12 per hour and above, beginning in 2019.
https://lao.ca.gov/Publications/Report/3712

Fiscal Outlook: In-Home Supportive Services (IHSS)

Nov 14, 2018 - Overall, between 2018 ‑19 and 2022 ‑23, the projected average annual growth of IHSS General Fund expenditures is about 11  percent —making IHSS one of the fastest growing programs in the state. To a large degree, this growth is due to projected caseload and hours-per-consumer growth and the implementation of statutorily scheduled statewide minimum wage increases that significantly increase the average cost per consumer.
https://lao.ca.gov/Publications/Report/3899