The 2026-27 California Spending Plan: Other Provisions

Oct 2, 2026 - The 2025 reorganization moved certain housing programs from the Business, Consumer Services, and Housing Agency (BCSH) to the newly formed California Housing and Homelessness Agency. Consumer services and business programs stayed with BCSH, which was renamed BCSA.
https://lao.ca.gov/Publications/Report/5205/

Understanding The State’s Astonishing Cash Position

Sep 16, 2026 - While the state has used other forms of cost ‑shifting before —payroll deferrals, special fund loans, budgetary deferrals —these maneuvers are otherwise unprecedented. The state ’s large cash balance is what makes them possible: as long as there is sufficient cash in the treasury, the state can defer recognition of almost any amount of budgetary expenditure.
https://lao.ca.gov/Publications/Report/5198

Understanding $100 Billion in Spending Growth: Causes and Fiscal Implications

Apr 28, 2026 - Inflation peaked in mid ‑2022 and began to moderate in 2023 as supply conditions improved and the Federal Reserve increased interest rates. Consistent with these broader trends, key state ‑cost ‑relevant indicators experienced elevated growth.
https://lao.ca.gov/Publications/Report/5176