The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - This  shift would free up the SBE to focus on broader policy issues while making state administrative functions more efficient. Considering Adding Legislative Appointees to the SBE. The Legislature could consider adding two legislative appointees to the SBE.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - In  most cases recipients have income below the level necessary to qualify for the Supplemental Security Income/State Supplementary Payment cash assistance program (for example, about $1,234 a month for an aged and/or disabled individual living independently in 2025 ‑26).
https://lao.ca.gov/Publications/Report/5166

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - However, the administration indicates that the work could have other benefits, such as improving the quality of health care or reducing unnecessarily bureaucratic processes, thereby freeing up staff time to address other workload.
https://lao.ca.gov/Publications/Report/5156

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - The one‑time spending will expire in 2027‑28, freeing up funds that could help the state accommodate a possible decrease in the minimum guarantee before having to reduce programs. Under the Governor’s budget, the amount of the cushion is $241 million, equating to 1.7 percent of Proposition 98 spending on the community colleges in 2026‑27.
https://lao.ca.gov/Publications/Report/5150

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - Background The SSI/SSP program provides cash grants to low-income aged, blind, and disabled individuals. Grant levels for SSI/SSP are determined by both the federal government and the state. Specifically, the federal government pays for the SSI portion of the grant while the state pays the SSP portion of the grant.
https://lao.ca.gov/Publications/Report/5148

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - In April 2025, the Legislature took early action to provide cash flow support and supplemental appropriations to Medi ‑Cal in 2024 ‑25. The administration stated that increasing Medi ‑Cal costs were due to several factors, including increased utilization of high ‑cost anti ‑obesity drugs, increased enrollment of seniors and persons with disabilities following the elimination of
https://lao.ca.gov/Publications/Report/5146

The 2026-27 Budget: University of California

Feb 26, 2026 - In 2025 ‑26, the state deferred a $130  million General Fund payment from 2025 ‑26 to 2026 ‑27, while allowing UC to take a no ‑interest General Fund cash loan to cover costs in the meantime. UC requested and received this cash loan in fall 2025.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: California State University

Feb 24, 2026 - CSU requested and received this cash loan in fall 2025. The Governor ’s budget proposes to continue this arrangement, deferring $144  million from 2026 ‑27 to 2027 ‑28, along with offering another no ‑interest General Fund cash loan.
https://lao.ca.gov/Publications/Report/5142