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

State Funding Actions Related to COVID-19

Apr 20, 2020 - State Funding Actions Related to COVID-19 COVID-19 State Funding Actions Related to COVID-19 This post summarizes recent legislative and administrative action to allocate state funds to respond to the coronavirus disease 2019 (COVID-19) public health emergency.
https://lao.ca.gov/Publications/Report/4223

The 2018-19 Budget: Overview of the Governor's Budget

Jan 12, 2018 - The Legislature may wish to consider whether it has a different set of infrastructure priorities in 2018 ‑19. Some Proposals Have Significant Out ‑Y ear Costs. While many of the infrastructure proposals in the Governor’s budget include relatively small spending amounts for 2018‑19, some would have growing and significant costs in later years.
https://lao.ca.gov/Publications/Report/3731

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - The state is not expected to experience a reduction in General Fund revenue in 2020-21 or 2021-22 compared to 2018-19 (the baseline revenue year in the ARP). Specifically, General Fund revenues (excluding constitutional reserve deposits) were $143  billion in 2018-19, while comparable revenues for 2020-21 and 2021-22 currently are estimated to be $158  billion and $161  billion, respectively.
https://lao.ca.gov/Publications/Report/4407

The 2018-19 Budget: California's Fiscal Outlook

Nov 15, 2017 - However, if the state does not prevail, the budget would likely face additional costs of $331  million in 2018 ‑19 or later. Decisions for the Legislature in the 2018‑19 Budget The Legislature will face several significant policy questions in the 2018 ‑19 budget process, which we discuss below.
https://lao.ca.gov/Publications/Report/3718

The 2018-19 Budget: California's Fiscal Outlook

Nov 15, 2017 - The 2018-19 Budget: California's Fiscal Outlook 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/Report/3718/1

New Inflation Poses Not So New Budget Risk

Dec 15, 2022 - Not long after, however, in the wake of the COVID-19 pandemic, inflation trends and the Fed ’s orientation to them began to reverse. Once it emerged, inflation accelerated throughout 2021 and has remained elevated this year with as yet indeterminate signs of abating.
https://lao.ca.gov/Publications/Report/4653

COVID-19 and California’s Evolving Fiscal Outlook

Mar 18, 2020 - COVID-19 and California’s Evolving Fiscal Outlook Search In Fiscal Perspectives , the Legislative Analyst periodically offers the Legislature his views on fiscal matters facing California. COVID-19 and California’s Evolving Fiscal Outlook March 18, 2020 Tweet Gabriel PetekLegislative Analyst Emergence of the novel coronavirus (COVID-19) is a public health emergency.
https://lao.ca.gov/Publications/Report/4203

Supplemental Report of the 2018-19 Budget Act [Publication Details]

Sep 4, 2018 - Supplemental Report of the 2018-19 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/3883