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: California's Fiscal Outlook

Nov 19, 2025 - Instead, our forecast includes income tax collections that are somewhat weaker than suggested by cash trends, but still tens of billions of dollars above where they would be if stocks actually drop significantly.
https://lao.ca.gov/Publications/Report/5091

The 2016-17 Budget: The Governor’s Proposition 2 Debt Proposal - The 2016-17 Budget: The Governor’s Proposition 2 Debt Proposal [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video The 2016-17 Budget: The Governor’s Proposition 2 Debt Proposal February 24, 2016 Watch it on YouTube .
https://lao.ca.gov/Videos/Player?playlistId=101

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

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - New State Lithium Tax and Ban on Local Lithium Taxes. The spending plan includes various policy changes related to lithium extraction and processing. Most notably, it levies a new state excise tax on lithium extraction.
https://lao.ca.gov/Publications/Report/4626

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

Jan 13, 2025 - Two key areas where these savings have eroded are in the managed care organization (MCO) tax package and reductions to state operations. These are described in the box below. The forthcoming Appendix 1 will also provide a full list of the solutions from the 2024 ‑25 budget package that generate savings in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4951

Rethinking California's Reserve Policy

Apr 10, 2025 - Chapter 2: Where Are We Now? In 2014, voters approved significant reforms to the state ’s reserve policy with Proposition  2. This measure substantially improved the state ’s reserve policy, particularly relative to recent history.
https://lao.ca.gov/Publications/Report/5028

Federal Spending in California

Jan 18, 2017 - Our primary state-level source was the Department of Finance , but we also consulted other department-level data where appropriate. We also consulted some private sources, including Federal Funds Information for States , which aggregates information on federal grants to the states.
https://lao.ca.gov/Publications/Report/3531/7

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - Where the state has implemented expansions of state-federal partnerships, however, there typically is greater fiscal flexibility. Can the Entire Program Be Evaluated, or Should Oversight Focus on Specific Components?
https://lao.ca.gov/Publications/Report/4983

The 2024-25 Budget: Deficit Update

Feb 20, 2024 - As a result, reductions tend to be concentrated in these areas because they are the ones where the state has the most flexibility to reduce spending without raising issues related to requirements imp osed by courts, the voters, and the federal government.
https://lao.ca.gov/Publications/Report/4850