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

Elizabeth Hill Answers Questions On the LAO's Alternative Budget Plan - Elizabeth Hill Answers Questions on the LAO's Alternative Budget Plan [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Elizabeth Hill Answers Questions on the LAO 's Alternative Budget Plan February 26, 2008 In an interview on the California Channel 's "California Conversations " Elizabeth Hill answers questions on  the state 's fiscal condition and the LAO 's alternative budget plan.
https://lao.ca.gov/Videos/Player?playlistId=26

Federal Spending in California

Jan 18, 2017 - As shown in Figure 1, we categorize federal funding according to the three major channels through which they reach Californians. These channels are: (1) direct payments to individuals, private entities, and universities; (2) payments to the state government; and (3) payments to local governments.
https://lao.ca.gov/Publications/Report/3531/1

Federal COVID-19-Related Funding to California

Apr 28, 2020 - As shown in Figure  1, we categorize federal funding according to the two major channels through which they reach Californians. These channels are: Payments to Public Entities. Payments to governments and other public entities are shown on the right side of Figure  1.
https://lao.ca.gov/Publications/Report/4226

New Inflation Poses Not So New Budget Risk

Dec 15, 2022 - Inflation Risk Is Really a Revenue Risk Although high inflation often is most associated with rising prices and a higher cost of living, from a state budget perspective, the overriding worry is on the revenue side.
https://lao.ca.gov/Publications/Report/4653

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 Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - These challenges would not be short-lived either. After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

Cal Facts: 2016

Dec 5, 2016 - State Aims to Reduce Reliance on Costly Group Home Foster Care Placements While foster children living in family settings outnumber foster children living in group homes by approximately 9  to  1, total spending (all funds) is split roughly equally between the two groups.
https://lao.ca.gov/Publications/Report/3511/3

Federal Spending in California

Jan 18, 2017 - Postal Service employees) who live in California. The federal government paid an additional $10.3 bi llion in wages and salaries to members of the armed forces (including Coast Guard employees) and the Reserves (including the National Guard).
https://lao.ca.gov/Publications/Report/3531/3

The State Appropriations Limit [Publication Details]

Apr 12, 2000 - The State Appropriations Limit [Publication Details] HTML Description: California's state appropriations limit (SAL)--which grows annually by a population and cost-of-living factor--places an "upper bound" each year on the amount of monies that can be spent from state tax proceeds.
https://lao.ca.gov/Publications/Detail/719