The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Specifically: Considering Interest Income and Entering Fund Balance Discretionary and Outside of S B   840 . The practical implication of the administration considering revenues from interest income and the entering fund balance outside of the S B  840 allocation process is that more than $1  billion annually will be set aside as available for discretionary purposes prior to computing allotments for Tier 3 programs.
https://lao.ca.gov/Publications/Report/5114

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - Other water users in the watershed would remain outside of the VA program for various reasons. For  example, they might obtain most of their water from another source, such as groundwater. Under the plan, these water users would follow a regulatory compliance pathway (as discussed in the next section).
https://lao.ca.gov/Publications/Report/5163