California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

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

Oct 2, 2018 - Slots Funds Additional Alternative Payment Slots. The budget provides $ 205  m illion federal funds for 11, 307 n ew Alternative Payment slots starting July 1, 2018. This funding is tied to an increase in the amount of available federal funds.
https://lao.ca.gov/Publications/Report/3870/4

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Slots Funds Additional State Preschool Slots. The budget provides $24  million to annualize the cost of 2,959 preschool slots added April  1, 2017. The budget also provides $8  million for 2,959 new full ‑day State Preschool slots at local education agencies (LEAs) starting April  1, 2018.
https://lao.ca.gov/Publications/Report/3694/4

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - These slots will have full ‑year costs of $305  million beginning in 2025 ‑26. The  budget also modifies and adds into statute details related to the multiyear slot expansion plan. (In 2021 ‑22, the Legislature and Governor agreed to add 206,500 child care slots by 2025 ‑26.
https://lao.ca.gov/Publications/Report/4922

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Slots Budget Package Increases Funding for State Preschool Slots. The budget provides $34  million for the State Preschool program to annualize the cost of preschool slots added January 1, 2015. The budget also provides $8  million for 2,959 new full –day State Preschool slots at LEAs starting April  1, 2017.
https://lao.ca.gov/Publications/Report/3487/4

The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products

May 12, 2019 - The state funds various types of subsidized child care for low-income families, but the number of eligible children typically exceeds the number of “slots ” funded by the state. Due to this shortfall, the state fails to assist part of the targeted population and creates an inequity between those who receive slots and those who do not.
https://lao.ca.gov/Publications/Report/4040

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091

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

Oct 2, 2018 - These funds are allocated as follows: Primary and Emergency Care Residency Slots ($40   Million). Budget documents indicate these General Fund monies are intended to be used to supplement Proposition  56 (201 6) f unds for physician residency slots primarily in the areas of primary care and emergency care.
https://lao.ca.gov/Publications/Report/3870/5

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - The budget package also reflects UC ’s continued implementation of its statutory nonresident replacement plan, with an additional 902 nonresident slots replaced with resident slots in 2023 ‑24. The budget package sets no 2023 ‑24  enrollment expectation for CSU.
https://lao.ca.gov/Publications/Report/4616