Rethinking California's Reserve Policy

Apr 10, 2025 - In  Chapter  2, using the tools outlined in Chapter  1, we evaluate the state ’s current reserve policy. Chapter  3 examines possible changes to the state ’s policy, including the Governor ’s proposals and our recommended alternatives.
https://lao.ca.gov/Publications/Report/5028

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - As the state ’s primary policymaking body and stewards of public resources, the Legislature regularly undertakes oversight of the state ’s programs. While this oversight can take a few forms, the Legislature ’s oversight function is often exercised through policy and budget committee hearings.
https://lao.ca.gov/Publications/Report/4983

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

Jan 13, 2025 - Governor ’s Budget Includes Some Smaller Proposals. The Governor ’s budget includes three categories of discretionary proposals. First, some proposals provide short ‑term budget savings that create more budget capacity.
https://lao.ca.gov/Publications/Report/4951