The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Some of the notable changes to the allocations in 2018 ‑ 19 i nclude: Prescribed Fire and Regional Forestry. The spending plan provides $ 30  m illion for prescribed burning and fuel reduction in forests and $ 20  m illion for regional forest restoration projects.
https://lao.ca.gov/Publications/Report/3870/9

The 2023-24 Budget: Multiyear Assessment

Feb 15, 2023 - That  said, after adjusting for inflation, anticipated revenues for 2023 ‑24 still would remain about 20  percent higher than before the pandemic. Governor ’s Budget Likely Unaffordable in Future Years.
https://lao.ca.gov/Publications/Report/4687

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - Does the problem still exist in the way it did when the program was created? The Legislature can then assess whether the program is designed to address that problem. To the extent that the problem is not well defined or the program is not well targeted, the program is less likely to provide expected benefits.
https://lao.ca.gov/Publications/Report/4983

State Fiscal Picture 2006-07 [Publication Details]

Feb 22, 2006 - In this regard, we believe the proposal misses a real opportunity to finally get the state’s fiscal house in order by meaningfully addressing what is still a formidable fiscal problem. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/1389

Rethinking California's Reserve Policy

Apr 10, 2025 - Although this is a clear improvement over current law, it also implies that, even under the Governor’s proposal, either reductions to core services or tax increases would still be common. In our view, this means more improvements are warranted.
https://lao.ca.gov/Publications/Report/5028

The 2023-24 Budget: State Appropriations Limit Estimates

Feb 1, 2023 - We still expect this long-term dynamic will hold. In fact, under our estimates of the Governor’s budget revenue projections, room under the limit would decline to nearly zero in the coming years. As such, we continue to expect the SAL to be a long-term budget consideration for the Legislature.
https://lao.ca.gov/Publications/Report/4667

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - The 2021-22 Budget: Initial Comments on the Governor’s May Revision $1,137 $465 Note: This reflects our best understanding as of May 15, 2021; however, we are still receiving information from the administration about these proposals.
https://lao.ca.gov/Publications/Report/4432/2

A Framework for Allocating Federal Recovery Funds

May 4, 2021 - For example, although California Work Opportunity and Responsibility to Kids enrollment currently is at historic lows, the state still could see considerable increases in caseload once other types of federal assistance ends.
https://lao.ca.gov/Publications/Report/4422

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Still, some cautionary observations are warranted. Current stock prices relative to companies ’ past earnings (a common measure of how “expensive ” stocks are) are at levels rivaled only by the transitory booms of 1999 and 2021.
https://lao.ca.gov/Publications/Report/4939

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - The 2021-22 Budget: Initial Comments on the Governor’s May Revision $2,099 $510 Note: This reflects our best understanding as of May 15, 2021; however, we are still receiving information from the administration about these proposals.
https://lao.ca.gov/Publications/Report/4432/5