Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - Considering this uncertainty, it will be important for the Legislature to closely monitor upcoming cap-and-invest auction results before finalizing its GGRF expenditure decisions for 2026-27. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/5096

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - While the proposal attempts to magnify the potential effect of incentives by requiring manufacturers to provide a dollar ‑for ‑dollar match, the incentive amount likely still would be relatively small.
https://lao.ca.gov/Publications/Report/5140

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Given the continued uncertainty around cap ‑and ‑invest revenues, we recommend the Legislature closely monitor upcoming quarterly auctions —in February  and May 2026 —to assess how revenues are materializing.
https://lao.ca.gov/Publications/Report/5114

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - On an annual basis, the California Natural Resources Agency (CNRA) must report information about projects ’ objectives; status; anticipated outcomes; expected public benefits; and other basic information such as location, cost, and matching funds.
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - For example, the proposal to provide $219,000 in 2026-27 and 2027-28 to update CEQA exemption guidance for sustainable transportation projects pursuant to Chapter  742 of 2025 (SB  71, Wiener) matches the estimates from the Assembly Appropriations Committee analysis published when the legislation passed.
https://lao.ca.gov/Publications/Report/5167

The 2022-23 Budget: State Water Resources Control Board—Bay-Delta Plan Update

Jan 31, 2022 - The board would benefit from additional in ‑house expertise to address upcoming workload associated with implementing Phase 1 and developing, adopting, and implementing Phase 2 of the Bay ‑Delta Plan.
https://lao.ca.gov/Publications/Report/4506

The 2022-23 Budget: Oil Well Abandonment and Remediation

Jan 31, 2022 - Matching Funds for Federal Funding. Some of the federal funds are expected to require a state match. Specifically, under the current federal guidelines, states must provide matching funds to secure up to $30  million in performance grants.
https://lao.ca.gov/Publications/Report/4508

The 2026-27 Budget: Permitting Support at the State Water Resources Control Board

Mar 2, 2026 - As such, under current state law, to protect non-WOTUS, each regional board must revise their regional plans to match the statewide plan. Amending stat ute to extend the rulemaking authority for statewide plans to all waters would reduce workload and processing times.
https://lao.ca.gov/Publications/Report/5144

The 2023-24 Budget: Improving Legislative Oversight of CalFire’s Emergency Fire Protection Budget

May 1, 2023 - Furthermore, to help maximize legislative oversight, we recommend adding language specifying that this fund may not be used in cases where costs coul d reasonably be foreseen during the prior, current, or upcoming budget process.
https://lao.ca.gov/Publications/Report/4765

The 2023-24 Budget: Crafting Climate, Resources, and Environmental Budget Solutions

Feb 22, 2023 - Indeed, state or local entities may have been planning to use some of the recent state augmentations to meet such matching fund requirements in order to be eligible for funding from federal programs.
https://lao.ca.gov/Publications/Report/4692