The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget accelerates $100  million of previously allocated funds from 2026-27 to 2025-26 for public infrastructure investments in the City of Fresno. Allocates Additional Resources to the SEED Initiative.
https://lao.ca.gov/Publications/Report/5081/

The 2025-26 Budget: Cap-and-Trade Expenditure Plan

Feb 12, 2025 - The two proposals  include: Clean Energy Reliability Investment Plan (CERIP) Fund Shift ($32   Million Shift From GGRF to Proposition   4). The Governor proposes shifting $32  million of planned spending to implement CERIP from GGRF to Proposition  4.
https://lao.ca.gov/Publications/Report/4960

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - CPUC is charged with setting a rate of return that compensates shareholders at a level that is consistent with the returns they wo uld receive on investments of similar risk. Additionally, IOUs are allowed to recover an amount that reflects the depreciation on their capital investments.
https://lao.ca.gov/Publications/Report/4950

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - Legislature Extended Cap-and-Invest Program Through 2045. Separate from the budget, in September 2025, the Legislature adopted two significant pieces of legislation related to the cap-and-trade program and GGRF.
https://lao.ca.gov/Publications/Report/5080

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - For  example, the proposal does not set a goal for how many additional acre ‑feet of water will be recycled because of Proposition  4 investments. In addition, the administration has not explained how its planned reporting will specifically evaluate progress toward such goals.
https://lao.ca.gov/Publications/Report/4958

Assessing California’s Climate Policies—Cap-and-Trade Reauthorization

May 7, 2025 - Such certainty would help businesses make long ‑term investment decisions and facilitate the state ’s plans for how it can pursue its GHG goals and support high ‑priority  programs. Historically, Legislature Has Delegated Many Decisions on Cap ‑and ‑Trade to CARB.
https://lao.ca.gov/Publications/Report/5042