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

Jan 12, 2026 - Under two voter initiatives, the State Constitution requires the state to set aside a share of revenues for schools and community colleges (Proposition  98, 1988) and debt payments and reserve deposits (Proposition  2, 2014).
https://lao.ca.gov/Publications/Report/5101

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - This is because constitutional spending requirements under Proposition  98 (1988) and Proposition  2 (2014) almost entirely offset revenue gains. Moreover, we estimate costs in other programs to be about $6  billion higher than anticipated.
https://lao.ca.gov/Publications/Report/5091

The 2015-16 Budget: Effectively Implementing the 2014 Water Bond [Publication Details]

Feb 11, 2015 - The 2015-16 Budget: Effectively Implementing the 2014 Water Bond [Publication Details] The 2015-16 Budget: Effectively Implementing the 2014 Water Bond Format: HTML Description: In August 2014, the Legislature approved Chapter 188, Statutes of 2014 (AB 1471, Rendon), which placed before the voters a water bond measure primarily aimed at increasing the supply of clean, safe, and reliable water and restoring habitat.
https://lao.ca.gov/Publications/Detail/3171

Rethinking California's Reserve Policy

Apr 10, 2025 - Before 2014, State Had Very Little in Reserves on Hand. After the 1980s, but prior to 2014, the SFEU was nearly exclusively used as the state ’s budget reserve. 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 2015-16 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2015 - Even bigger gains of a few billion dollars more are possible in 2014-15. These additional 2014-15 revenues will go largely or entirely to schools and community colleges and could result in a few billion dollars of higher ongoing state payments to schools.
https://lao.ca.gov/Publications/Detail/3157

Evolution of the Balance of the Budget Stabilization Account

Nov 14, 2018 - Deposit Made Under Rules of Proposition  58 in 2014 ‑15 Budget Package. In the 2014 ‑15 budget package, the Legislature made a deposit into the BSA of $1.6  billion under the rules of Proposition  58.
https://lao.ca.gov/Publications/Report/3900

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

Jun 19, 2015 - General Fund revenue growth was much higher in 2014‑15, increasing at a very healthy 7.7  percent rate. General Fund spending is largely flat across 2014‑15 and 2015‑16, increasing at only 0.8  percent.
https://lao.ca.gov/Publications/Report/3279

The 2014-15 Budget: Overview of the May Revision - The 2014-15 Budget: Overview of the May Revision - Press Conference [Video]

The 2014-15 Budget: Overview of the May Revision - The 2014-15 Budget: Overview of the May Revision - Press Conference [Video] Search LAO Videos The 2014-15 Budget: Overview of the May Revision May 16, 2014 Legislative Analyst Mac Taylor discusses The 2014-15 Budget: Overview of the May Revision with members of the media.
https://lao.ca.gov/Videos/Player?playlistId=56

The 2014-15 Budget: Overview of the May Revision - The 2014-15 Budget: Overview of the May Revision - Press Conference Question and Answer [Video]

The 2014-15 Budget: Overview of the May Revision - The 2014-15 Budget: Overview of the May Revision - Press Conference Question and Answer [Video] Search LAO Videos The 2014-15 Budget: Overview of the May Revision May 16, 2014 Legislative Analyst Mac Taylor discusses The 2014-15 Budget: Overview of the May Revision with members of the media.
https://lao.ca.gov/Videos/Player?playlistId=56&videoId=77

Federal Spending in California

Jan 18, 2017 - In state fiscal year 2014-15, the federal government also provided $7.2 billion in direct payments for Supplemental Security Income (SSI), which provides cash assistance to the aged, blind, and disabled.
https://lao.ca.gov/Publications/Report/3531/3