Despite Fiscal Forecasting Uncertainties, Multiyear Budget Planning Essential

May 27, 2021 - The value of doing multiyear budget estimates is evident when considering the role they can play in budget development. When developing our main forecasts, both our office and DOF make their best estimate, aiming for the median scenario.
https://lao.ca.gov/Publications/Report/4443

California's Legislative Analyst's Office and the Value of Independence

Nov 15, 2024 - But since macroeconomic dynamics are multifaceted and context dependent, successfully predicting the scenario that will play out is virtually impossible. Consider as evidence that in just the last several years —during and after the COVID-19 pandemic —consensus macroeconomic forecasts have been wildly off from actual outcomes.
https://lao.ca.gov/Publications/Report/4938

The 2026-27 Budget: How to Use One-Time Revenue Improvements [Publication Details]

Feb 20, 2026 - The 2026-27 Budget: How to Use One-Time Revenue Improvements [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/5133

Revenue Volatility and California’s Reserve Policy [Publication Details]

Feb 18, 2026 - Revenue Volatility and California’s Reserve Policy [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/5125

California’s Strong Revenue Trends Mask Looming Budget Risk [Publication Details]

Jan 23, 2026 - California’s Strong Revenue Trends Mask Looming Budget Risk [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/5104

Senate Handout: Overview of the Governor’s Budget [Publication Details]

Jan 21, 2026 - Senate Handout: 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/5103

Assembly Handout: Overview of the Governor’s Budget [Publication Details]

Jan 20, 2026 - Assembly Handout: 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/5102

The 2026-27 Budget: Overview of the Governor's Budget [Publication Details]

Jan 12, 2026 - The 2026-27 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/5101

The 2026-27 Budget [Publication Details]

Jan 1, 2026 - The 2026-27 Budget [Publication Details] 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/Detail/5107

The 2026-27 Budget: California's Fiscal Outlook [Publication Details]

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal 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/5091