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

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 Fiscal Outlook: The 2010-11 Budget [Publication Details]

Nov 18, 2009 - Addressing this large shortfall will require painful choices—on top of the difficult choices the Legislature made earlier this year. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/2143

Addressing California's Key Liabilities [Publication Details]

May 7, 2014 - Due to its massive unfunded liability and relatively high growth rate, we recommend that the Legislature make a full funding plan for the California State Teachers' Retirement System a top priority in addressing the state's key liabilities.
https://lao.ca.gov/Publications/Detail/3011

The 2021-22 Budget: California's Fiscal Outlook

Nov 18, 2020 - A new statutory requirement to provide supplemental payments on top of the minimum level makes even more funding available for schools and community colleges but contributes to the state ’s operating deficit.
https://lao.ca.gov/Publications/Report/4297

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The new funding is provided for the following purposes: Address Operating Shortfall —$19. 6  m illion for three years to address an operating shortfall in the Fish and Game Preservation Fund and allow DFW to continue its existing activities.
https://lao.ca.gov/Publications/Report/3870/9

Federal Spending in California

Jan 18, 2017 - The top five recipient counties are: Los Angeles (with $81 billion in federal expenditures), San Diego ($37 billion), Orange ($21 billion), Santa Clara ($19 billion), and Sacramento ($15 billion). Per Capita Federal Expenditures by County.
https://lao.ca.gov/Publications/Report/3531/6

LAO Multiyear State Budget Outlook

May 19, 2017 - The top part of each bar shows our projection of the annual Budget Stabilization Account (BSA) deposit. The bottom part of each bar shows the annual operating surplus (the amount by which projected revenues exceed expenditures).
https://lao.ca.gov/Publications/Report/3675

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

May 17, 2021 - (We also include links to Appendix tables at the end of this post and the top left of this page. These appendix tables itemize select proposals by policy area based on our understanding at this time.)
https://lao.ca.gov/Publications/Report/4432