The 2026-27 Budget [Publication Details]

Jan 1, 2026 - As we release publications aimed at addressing the 2026-27 budget situation, we will add them to this index page.
https://lao.ca.gov/Publications/Detail/5107

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

Jan 12, 2026 - Because the administration does not account for this payment, it would add to a future deficit. If revenues fall short of their projections, the state’s settle‑up obligation would decline. We understand this proposal is intended, in part, to acknowledge revenue risks and avoid unintentionally spending more than the minimum requirement if revenues decline and the requirement drops.
https://lao.ca.gov/Publications/Report/5101

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - To do this, we add a stock market indicator to our forecast models alongside other the economic variables. The added risk variable weighs on the range of revenue outcomes that we view as most plausible.
https://lao.ca.gov/Publications/Report/5104

The 2025-26 Budget: California Spending Plan Series [Publication Details]

Oct 16, 2025 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The flagship report of this series, Overview of the Spending Plan, is presented here along with short online posts that focus on major areas and features of the 2025-26 budget package. As the posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/5105

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - As shown in Figure  4, the May Revision adds $5  billion in new borrowing, increasing the total outstanding amount from $12  billion to $17  billion. Importantly, while some of this new borrowing is incorporated into the multiyear outlook, other components are not.
https://lao.ca.gov/Publications/Report/5052

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - 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. Full  implementation was delayed to 2026 ‑27 in the 2023 ‑24 budget.)
https://lao.ca.gov/Publications/Report/4922

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

May 17, 2025 - The May Revision retains most January proposals, including the Governor’s plan to expand the film tax credit, and adds new proposals that bring the total to nearly $2 billion—$1.6 billion in spending and around $150 million in revenue reductions.
https://lao.ca.gov/Publications/Report/5044

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

Oct 2, 2018 - This means that adult applicants will continue the standard practice of providing a photo ID to initiate the application and eligibility determination process. The 2018 ‑19 spending plan provides $2. 4  m illion to decommission SFIS.
https://lao.ca.gov/Publications/Report/3870/7

California's Legislative Analyst's Office and the Value of Independence

Nov 15, 2024 - While differences between LAO and DOF estimates may sometimes add inconvenient complexity, they embody vital safeguards that ensure diverse perspectives are rigorously considered in shaping California ’s financial future.
https://lao.ca.gov/Publications/Report/4938

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

Jan 13, 2025 - After 2025 ‑26, these proposals would add about $300 million in ongoing spending. Some of the largest spending augmentations proposed include: (1) $60  million to provide additional grants under the Cal Competes program; (2)  the intent to partially restore an ongoing reduction to the trial courts, which, if enacted, would cost $42  million ongoing; and (3)  the Governor ’s
https://lao.ca.gov/Publications/Report/4951