The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - After accounting for a 5.35 percent statutory cost ‑of ‑living adjustment (COLA), deposits into the Proposition 98 reserve, and various other adjustments, we estimate the Legislature has $9.5 billion in ongoing funds available for allocation in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4472

The 2025-26 California Spending Plan: Housing, Homelessness and Local Government

Oct 22, 2025 - The budget provides $2.4  million one-time General Fund for the Civil Right Department ’s California vs. Hate initiative. California vs. Hate is a non-emergency hotline and online portal that allows state residents to report hate crimes and hate incidents.
https://lao.ca.gov/Publications/Report/5082

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/article/Detail/852

2023-24 Changes in California Community Colleges Proposition 98 Spending [EdBudget]

Aug 4, 2023 - 2023-24 Changes in California Community Colleges Proposition 98 Spending [EdBudget] 2023-24 Enacted Spending $12,456 a Applies to the Adult Education Program, apprenticeship programs, basic needs centers, CalWORKs student services, campus child care support, Disabled Students Programs and Services, Extended Opportunity Programs and Services, mandates block grant,
https://lao.ca.gov/Education/EdBudget/Details/762

Updating the California Necessities Index

Aug 14, 2025 - To score well on this assessment, the average of the differences across years should be small. It  is also important that these differences be symmetric: a new measure should minimize the extent to which changes are consistently higher or lower than the current CNI.
https://lao.ca.gov/Publications/Report/5065

2023-24 Changes in Proposition 98 Spending [EdBudget]

Nov 7, 2023 - e Applies to the Adult Education Program, apprenticeship programs, basic needs centers, CalWORKs student services, campus child care support, Disabled Students Programs and Services, Extended Opportunity Programs and Services, mandates block grant, mental health services, MESA program, NextUp foster youth program, Puente program, rapid rehousing, Umoja, and veterans resource centers. f When
https://lao.ca.gov/Education/EdBudget/Details/778

^[PDF] Proposition 27: Allows Online and Mobile Sports Wagering Outside Tribal Lands. Initiative Constitutional Amendment and Statute.

People 21 years of age and older in California, who are not on tribal lands, would be able to place bets no later than September 2023. „ Allows bets on athletic events (such as football games) and some non-athletic events (such as awards shows and video game competitions).
https://lao.ca.gov/handouts/crimjust/2022/Prop-27-081022.pdf

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - One potential interpretation is that the state is making high risk-high reward bets on businesses. While many of these bets do not pan out, the ones that do can be successful enough to yield overall benefits for the state.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The state solved a $27  billion deficit in 2023 ‑24, a $55  billion deficit in 2024 ‑25, and a $15  billion deficit in 2025 ‑26 (in addition to roughly $28  billion in proactive budget ‑balancing actions taken the year before).
https://lao.ca.gov/Publications/Report/5091