The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - 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. This spending, coupled with sizable gains to investors and tech company employees via stock options, is boosting state income tax receipts.
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

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/5104

State Funding Actions Related to COVID-19

Apr 20, 2020 - . $24.3 Funding to counties for increased administrative costs in Medi ‑Cal. 12.7 Funding to counties for increased administrative workload for CalWORKs. 8.0 Reimbursement to county jails for housing inmates not accepted to prisons. 5.7 Reimbursement to county probation departments for supervision of offenders released early. 3.0 Income Support and Nutrition
https://lao.ca.gov/Publications/Report/4223

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Online Appendices 1 and 2 provide a complete list of solutions by program area. Spending‑Related Solutions Reductions. Under our definition, a spending reduction occurs when the Governor proposes spending less than what is required under current law or policy —more commonly referred to as a spending cut.
https://lao.ca.gov/Publications/Report/5044

Federal Spending in California

Jan 18, 2017 - Finally, this category includes the refundable portion of two major tax credits: the Earned Income Tax Credit (EITC), which provides a refundable tax credit to low- to moderate-income working individuals and couples; and the Child Tax Credit, which provides refundable tax credits to eligible low-income families with children.
https://lao.ca.gov/Publications/Report/3531/3

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - The 2026-27 Budget: How to Use One-Time Revenue Improvements The 2026-27 Budget How to Use One-Time Revenue Improvements Recent stock market performance continues to boost income tax collections. In our Fiscal Outlook , we strongly advised the Legislature to treat near-term strength in tax collections as temporary because we expect these gains to reverse.
https://lao.ca.gov/Publications/Report/5133

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/4448/1

The 2015-16 Budget: Major Features of the Adopted Plan (Overview of Adopted Plan)

Jun 19, 2015 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/3279

The 2021-22 Budget: CalWORKs Fiscal Outlook

Dec 8, 2020 - On the other hand, public health concerns have also resulted in the loss of income for many families, and thus the restoration of normal economic activity could dampen caseload increases. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/4306