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

Feb 10, 2026 - Assessment Administration’s Revenue Estimates Appear Reasonable, but GGRF Revenues Remain Difficult to Predict. Based on currently available information, DOF’s 2026‑27 GGRF revenue forecast appears reasonable.However, GGRF revenues are inherently somewhat unpredictable.
https://lao.ca.gov/Publications/Report/5114