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

Feb 10, 2026 - In 2026 ‑27, for example, under this approach roughly $1.75  billion is available for discretionary purposes prior to funding Tier 3 programs, of which the administration proposes to spend about $1.6  billion.
https://lao.ca.gov/Publications/Report/5114