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

Jan 12, 2026 - In  the budget window, for example, the administration proposes: (1)  reverting $71  million in unused EDDNext project funding early, and (2)  modifying In ‑Home Supportive Services (IHSS) eligibility to align with Medi ‑Cal, which provides $86  million in savings).
https://lao.ca.gov/Publications/Report/5101

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104