The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - This Time Might Be Different, but It Is Not Safe to Bet on It. With so much enthusiasm surrounding AI, it now appears time to take seriously the notion that the stock market has become overheated. History suggests that the stock market is prone to overreact to major technological advances, even if the technology itself turns out to be revolutionary.
https://lao.ca.gov/Publications/Report/5091

Cal Facts: 2016

Dec 5, 2016 - Traffic collisions remain a leading cause of preventable death in California with 3,074 people killed in crashes in 2014. California had the 16th lowest fatality rate in the nation —0 .92 fatal injuries for every 100  million miles driven.
https://lao.ca.gov/Publications/Report/3511/6

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

Jan 12, 2026 - That said, recent budgets have set the SFEU bet ween $3.5  billion and $4.5  billion, so the Governor ’s budget proposal to set the balance to $4.5  billion is generally in line with recent policy.
https://lao.ca.gov/Publications/Report/5101

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - 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. In this way, our approach represents a hedge; estimated revenues are not as low as they would be in an outright downturn, nor are they as high as is possible if there is no downturn.
https://lao.ca.gov/Publications/Report/5104

The 2025-26 Budget: California Spending Plan Series [Publication Details]

Oct 16, 2025 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The flagship report of this series, Overview of the Spending Plan, is presented here along with short online posts that focus on major areas and features of the 2025-26 budget package. As the posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/5105

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - This is important because, going forward, the budget problems will become more difficult to solve. The Legislature likely will need to adopt additional solutions that increase ongoing revenues or reduce ongoing spending —both of which involve the most difficult and consequential trade-offs for policy makers.
https://lao.ca.gov/Publications/Report/5052

The 2019-20 Budget: California Spending Plan (Final Version)

Oct 17, 2019 - Creates New Incentives for Adopting “Pro ‑Housing ” Policies. The budget package creates new incentives for cities and counties to adopt pro ‑housing policies. Cities and counties that adopt these policies would receive additional points in the scoring of their applications for certain state grant programs.
https://lao.ca.gov/Publications/Report/4083

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - Overall, this figure shows that the state budget is likely balanced over the next couple of years, but a budget problem becomes more likely in later years.
https://lao.ca.gov/Publications/Report/4907

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - This settlement is in regards to payments that the tribe had previously made to the state for operating gaming devices in the state. Other Criminal Justice Programs Board of State and Community Corrections (BSCC).
https://lao.ca.gov/Publications/Report/3487/10

The State Appropriations Limit [Publication Details]

Apr 12, 2000 - It could again become one if current revenue trends continue. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/719