The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - Proposition  2 requires the state to make annual deposits into the Budget Stabilization Account (BSA), with amounts generally increasing when revenues —particularly those from capital gains —are higher.
https://lao.ca.gov/Publications/Report/5101

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Most of these gains come from the meteoric rise in the value of a handful of tech companies that investors believe will be major beneficiaries of recent advances in AI. These companies have made big bets on AI, spending hundreds of billions of dollars on data centers and offering extraordinary pay packages to recruit AI researchers.
https://lao.ca.gov/Publications/Report/5091

Fiscal Outlook: In-Home Supportive Services (IHSS)

Nov 14, 2018 - Fiscal Outlook: In-Home Supportive Services (IHSS) California’s Fiscal Outlook In-Home Supportive Services (IHSS) We estimate General Fund expenditures for IHSS to be $3.8  billion in 2018 ‑19, slightly increasing to about $3.9  billion in 2019 ‑20.
https://lao.ca.gov/Publications/Report/3899

Fiscal Outlook: In-Home Supportive Services (IHSS)

Nov 15, 2017 - Fiscal Outlook: In-Home Supportive Services (IHSS) California's Fiscal Outlook Fiscal Outlook: In-Home Supportive Services (IHSS) General Fund expenditures for IHSS are estimated to be $3.5  billion in  2017 ‑18, increasing to about $3.7  billion in  2018 ‑19.
https://lao.ca.gov/Publications/Report/3712

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - This includes (1) $45  million from the Prepare California community hardening grant program, (2) $21  million from a gun buyback program, (3) $15  million from the Seismic Retrofitting Program for Soft Story Multifamily Housing, and (4) $12  million from the California Wildfire Mitigation home hardening program.
https://lao.ca.gov/Publications/Report/4922

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - To make this payment, the budget uses a loan from the state ’s cash balances in the Pooled Money Investment Account (PMIA), which is essentially the state ’s checking account. The budget also makes an initial repayment of $146  million toward the loan, which is counted toward annual required debt payments under Proposition  2 (2014).
https://lao.ca.gov/Publications/Report/3694/1

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - First, state and local governments are prohibited from using the funds to make supplemental pension payments. Second, the state cannot use the funds to directly or indirectly offset a reduction in the net tax revenue of the state through a change in law, regulation, or administrative interpretation.
https://lao.ca.gov/Publications/Report/4407

The Definition of Qualified Capital Outlay for the State Appropriations Limit

Feb 18, 2022 - In the case of tiny homes, there is an argument that if the tiny homes are part of a single plot of land or single development they —as a group —could be excludable. If the homes were scattered throughout a city, however, we think the argument is more tenuous.
https://lao.ca.gov/Publications/Report/4547

The 2019-20 Budget: California Spending Plan—Debt Liabilities

Oct 17, 2019 - Altogether, as Figure  1 shows, the budget makes $11.1  billion in outstanding debts and liabilities repayments, falling into two categories: Discretionary Payments. The spending plan uses $9  billion in discretionary General Fund money (funding that could be used for any public purpose) to pay down debts and liabilities.
https://lao.ca.gov/Publications/Report/4106

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951