The 2024-25 Budget: Preliminary May Revision Analysis for Child Welfare

May 24, 2024 - Passing only what is necessary this year would allow more time for the remaining stakeholder questions and policy issues to be worked out and give the Legislature the chance to assess whether the rates structure is in line with its vision for permanent CC R rates.
https://lao.ca.gov/Publications/Report/4909

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

Jan 13, 2025 - Instead, the gains appear largely tied to the booming stock market, a situation which can change rapidly and without warning. The  administration appears to share some of these concerns, noting recent job losses among high ‑wage workers and the risks posed by the inherent volatility of tax receipts tied to stock market gains.
https://lao.ca.gov/Publications/Report/4951