The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
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

A Framework for Allocating Federal Recovery Funds

May 4, 2021 - The state likely will need to continue to conduct vaccine outreach and education, monitor for variants, and prepare for possible future stress on health care and hospital systems. Planning in advance for these possible needs —as well as others —will help the state respond more effectively in the long term to emerging public health needs.
https://lao.ca.gov/Publications/Report/4422

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - We also explored a variant of our main forecast in which the minimum guarantee is unchanged but the statutory COLA is 5 percent per year from 2023 ‑24 through 2025 ‑26. Baseline costs grow more quickly in this scenario, reducing the amount available for new commitments to about $7 billion in 2023 ‑24 and about $9 billion in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4473

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - On January 10, 2022, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Report/4492