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

A Framework for Allocating Federal Recovery Funds

May 4, 2021 - The associated trailer legislation relied on the Superintendent of Public Instruction (SPI) to determine several details of the program, such as which providers were eligible for funding and the appropriate amount of these grants.
https://lao.ca.gov/Publications/Report/4422

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 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Chapter  15 also requires the Superintendent of Public Instruction (SPI) to provide assistance to a COE if the SPI finds merit in an LCAP ‑related complaint filed against the COE or one of the districts in the county.
https://lao.ca.gov/Publications/Report/3694/3

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

Oct 2, 2018 - If these efforts failed and a district needed an emergency state loan, then the state intervened, with the SPI appointing an administrator who assumed responsibility for the district. Chapter  426 gives control of the district instead to the county superintendent of schools, with concurrence from the SPI and the president of the State Board of Education.
https://lao.ca.gov/Publications/Report/3870/3

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 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

LAO Alternative Budget Overview [Publication Details]

Feb 20, 2008 - By making more targeted reductions; eliminating or modifying ineffectiveness or nonessential programs; and adding ongoing revenue solutions, we believe this approach offers the Legislature a better foundation to begin crafting a 2008-09 budget that focuses on essential services.
https://lao.ca.gov/Publications/Detail/1768