The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - These companies have made big bets on AI, spending hundreds of billions of dollars on data centers and offering extraordinary pay packages to recruit AI researchers. This spending, coupled with sizable gains to investors and tech company employees via stock options, is boosting state income tax receipts.
https://lao.ca.gov/Publications/Report/5091

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

Federal Spending in California

Jan 18, 2017 - As a result, they also have lower per person spending in Medicare and Social Security.
https://lao.ca.gov/Publications/Report/3531/6

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - CAC = California Arts Council; CalVet = California Department of Veterans Affairs; CDE = California Department of Education; CDFA = California Department of Food and Agriculture; CDI = California Department of Insurance; CDT = California Department of Technology; SOC = Security Operations Center; IT = information technology; CMD = California Military Department; CPUC = California
https://lao.ca.gov/Publications/Report/4432/6

Federal Spending in California

Jan 18, 2017 - On the federal level they include direct sources (such as the Social Security Administration and the Internal Revenue Service ), survey-based sources (the Bureau of Economic Analysis ), and aggregated data sources ( USASpending.gov ).
https://lao.ca.gov/Publications/Report/3531/7

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - Office of Data and Innovation Replaces Current Office of Digital Innovation With a New Office of Data and Innovation. Chapter 569 of 2022 (AB 156, Committee on Budget) plans for the replacement of the current Office of Digital Innovation (current ODI) within the Government Operations Agency (GovOps) with a new Office of Data and Innovation (new ODI) organized under GovOps by July 1, 2023.
https://lao.ca.gov/Publications/Report/4626

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - Of the remaining $89 million General Fund in 2023-24, $31.2 million is appropriated for CDT to continue temporarily mitigating State Data Center IT service rate increases as the department reassesses its current rate structure.
https://lao.ca.gov/Publications/Report/4814

Federal Spending in California

Jan 18, 2017 - In 2007, the Tax Foundation published estimates , using FFY 1981-2005 data, that showed California received $0.78 in federal spending for every dollar paid in federal taxes (in the most recent year).
https://lao.ca.gov/Publications/Report/3531/2

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - These firms have invested heavily in building out data centers and on extraordinary pay packages for their key employees. This spending, along with gains to investors, has turbo-charged state income tax receipts.
https://lao.ca.gov/Publications/Report/5104

Federal Spending in California

Jan 18, 2017 - Two programs that primarily benefit retirees—Social Security and Medicare—make up 83 percent of these payments. In 2015, the federal government provided nearly $83 billion in direct payments to individuals for the Old-Age, Survivor, and Disability Insurance programs (Social Security).
https://lao.ca.gov/Publications/Report/3531/3