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

Jan 13, 2025 - Increases Revenue by Around $300   Million. The Governor ’s budget proposes to change the rules about how taxable profits are determined for financial institutions. The administration estimates this change would increase revenues on an ongoing basis by around $300  million per year.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - These actions include shifting nearly $300 million in previous General Fund augmentations for climate‑ and environmental‑related programs to instead be supported by the new Proposition 4 climate bond.
https://lao.ca.gov/Publications/Report/4961