Whether or Not to Tap Reserves to Solve Estimated Budget Problem Emerges as Key Fiscal Decision Facing California’s Legislature

Apr 19, 2023 - In his 2021 book, The Resilient Society , Princeton University economist Markus Brunnermeier argues that for governments, being frugal in good times is what provides extra spending capacity —resilience —in bad times.
https://lao.ca.gov/Publications/Report/4762

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - The 2025-26 Budget: Multiyear Budget Outlook Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Report/5052/1

The 2025-26 Budget: Multiyear Budget Outlook [Publication Details]

May 24, 2025 - The 2025-26 Budget: Multiyear Budget Outlook [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5052

The 2025-26 Budget: Initial Comments on the Governor's May Revision [Publication Details]

May 17, 2025 - The 2025-26 Budget: Initial Comments on the Governor's May Revision [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5044

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

May 7, 2025 - Rethinking California’s Reserve Policy (Panel 2) [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5041

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

May 7, 2025 - Reserves, Proposition 2, and the Budget Stabilization Account (Panel 1) [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5040

The 2025-26 Budget: Undertaking Fiscal Oversight [Publication Details]

Feb 24, 2025 - The 2025-26 Budget: Undertaking Fiscal Oversight [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4983

Federal Spending in California [Publication Details]

Feb 20, 2025 - Federal Spending in California [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4974

The 2025-26 Budget: Overview of the Governor’s Budget [Publication Details]

Feb 10, 2025 - The 2025-26 Budget: Overview of the Governor’s Budget [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4956

The 2025-26 Budget: Overview of the Governor’s Budget [Publication Details]

Jan 30, 2025 - The 2025-26 Budget: Overview of the Governor’s Budget [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4953