The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Reflecting concerns about the potential effects of tariffs, the budget act enacted in June assumed revenues would decline in 2025 ‑26 and grow modestly in 2026 ‑27. Looking primarily at strong trends in income tax collections since June would suggest a significant upgrade to budget act revenues is warranted.
https://lao.ca.gov/Publications/Report/5091

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

Jan 12, 2026 - The administration ’s revenue estimate represents a $42  billion upgrade from the budget act. This upgrade reflects strong income tax collections in recent months and an assumption that this strength will continue through 2026 ‑27.
https://lao.ca.gov/Publications/Report/5101

Supplemental Report of the 2025-26 Budget Act [Publication Details]

Oct 6, 2025 - Supplemental Report of the 2025-26 Budget Act [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/5078

Overview of Major Impacts of H.R. 1 – One Big Beautiful Bill Act [Publication Details]

Aug 20, 2025 - Overview of Major Impacts of H.R. 1 – One Big Beautiful Bill Act [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/5067

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - During the special session, the Legislature added Control Sections 90.00 and 90.01 to the 2024 ‑25 Budget Act providing up to $2.5  billion one ‑time for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5079

Supplemental Report of the 2024-25 Budget Act [Publication Details]

Sep 11, 2024 - Supplemental Report of the 2024-25 Budget Act [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/4927

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - As of the budget act, the costs of implementing the shift were anticipated to rise to $770 million ($756 million General Fund) on an ongoing annual basis and 2,457 permanent positions by 2028‑29. After approving the budget act, the Legislature ratified an MOU between the state and the union representing CalFire that includes additional provisions to implement the 66‑hour duty week.
https://lao.ca.gov/Publications/Report/4922

Supplemental Report of the 2023-24 Budget Act [Publication Details]

Sep 29, 2023 - Supplemental Report of the 2023-24 Budget Act [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/4803

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Although revenues are running ahead of budget act assumptions, those improvements are roughly offset by spending increases across the budget. On net, our assessment finds the state has a small deficit of $2  billion.
https://lao.ca.gov/Publications/Report/4939

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - GF = General Fund; FF = federal funds; TF = total funds; LLRF = Loan Loss Reserve Fund; IIJA  =  Infrastructure Investment and Jobs Act; LATA = Local Agency Technical Assistance; and BEAD = Broadband Equity, Access, and Deployment.
https://lao.ca.gov/Publications/Report/4934