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

The 2020-21 Budget: California's Fiscal Outlook

Nov 20, 2019 - We find that the state now is in good shape to weather a recession typical of the post ‑World War II era. This shows the significant progress California has made in preparing for a downturn. It does not mean, however, that the state is prepared to weather any possible recession.
https://lao.ca.gov/Publications/Report/4111

COVID-19 and California’s Evolving Fiscal Outlook

Mar 18, 2020 - In recent years, because the state has accelerated the pay down of debt, maintained a multiyear balanced budget, and holds a significant cash cushion, California is better prepared to weather the public health crisis and unfolding economic downturn.
https://lao.ca.gov/Publications/Report/4203

The 2018-19 Budget: Initial Comments on the May Revision

May 12, 2018 - Relative to January, the Governor also estimates a variety of other smaller programmatic changes throughout the budget that arise as a result of updated estimates of caseload, prices, and other similar factors.
https://lao.ca.gov/Publications/Report/3832

Cal Facts: 2016

Dec 5, 2016 - Weather, forest health, fire history, human activity, preventative measures, and response times all influence wildfire occurrences and severity. The threat of wildfire varies throughout the state. Communities that face the highest risk of losing lives or homes to wildfire include the populated areas around the coastal and interior ranges of Southern California, the hillsides surrounding the San Francisco Bay, and the foothills of the Sierra Nevada.
https://lao.ca.gov/Publications/Report/3511/5

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - The 2024-25 Budget: Overview of the Spending Plan Update (9/11/24): Managed care organization tax increase corrected in Appendix 1 (Figure 4) and Appendix 2 (Figure 1). Update (10/2/24): Figure 8 has been updated for final actions.
https://lao.ca.gov/Publications/Report/4922/3

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - The 2024-25 Budget: Overview of the Spending Plan Update (9/11/24): Managed care organization tax increase corrected in Appendix 1 (Figure 4) and Appendix 2 (Figure 1). Update (10/2/24): Figure 8 has been updated for final actions.
https://lao.ca.gov/Publications/Report/4922/2

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - The 2024-25 Budget: Overview of the Spending Plan Update (9/11/24): Managed care organization tax increase corrected in Appendix 1 (Figure 4) and Appendix 2 (Figure 1). Update (10/2/24): Figure 8 has been updated for final actions.
https://lao.ca.gov/Publications/Report/4922/1

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - All figures in this publication reflect the administration ’s estimates of actions taken through early July 2025, however, we have updated the text to reflect actions taken later in the legislative session.
https://lao.ca.gov/Publications/Report/5079