The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - That said, recent budgets have set the SFEU bet ween $3.5  billion and $4.5  billion, so the Governor ’s budget proposal to set the balance to $4.5  billion is generally in line with recent policy.
https://lao.ca.gov/Publications/Report/5101

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: Computer Science Supplementary Authorization

Mar 6, 2026 - However, based on our analysis, the $5,000 teachers receive under the current grants —$2,500 from the state and $2,500 from the district match —are sufficient to cover the costs of obtaining an authorization.
https://lao.ca.gov/Publications/Report/5153

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - The APD process allows the state to request a 90  percent match in federal funding (rather than California ’s standard 50  percent match) to design, develop, and install IT systems that enable the state to more efficiently administer Medicaid benefits.
https://lao.ca.gov/Publications/Report/5157

The 2026-27 Budget: County Administration and H.R. 1 Implementation

Mar 5, 2026 - How might recent and upcoming policy changes, including the recent discontinuation of eligibility flexibilities in Medi ‑Cal in July  2025, upcoming implementation of work requirements in CalFresh and Medi ‑Cal, and more frequent redeterminations in Medi ‑Cal affect error rates in each program?
https://lao.ca.gov/Publications/Report/5149

California Community Colleges Federal Funds: Student Financial Aid [EdBudget]

Jan 29, 2026 - Table does not show Bureau of Indian Affairs grants, as students systemwide receive less than $1 million in total associated grant funding. a Reflects total aid awarded, including any matching funds from state or institutional sources. b Reflects amount awarded/issued for the respective year.
https://lao.ca.gov/Education/EdBudget/Details/1042

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - In these cases, the state usually reduces school spending to match the lower guarantee. In 2019 ‑20, however, the state adopted a new law prohibiting spending reductions after the fiscal year ends. This law allows the state to reduce spending during its first recalculation of the guarantee, but prevents reductions during the second recalculation at the end of the next fiscal year.
https://lao.ca.gov/Publications/Report/5110

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Many counties stated that they already have spent all or most of their state block grant dollars—prior to being able to claim any Title IV‑E matching funds for eligible EBPs. Because federal reimbursement for prevention services will require $1 local funding to match every $1 of federal monies claimed—and given the constraints and complexities of counties’ local
https://lao.ca.gov/Publications/Report/5106

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

Mar 3, 2026 - Despite Recent SSI and SSP Grant Increases and Upcoming COLA, Grant Levels Remain Below Federal Poverty Level (FPL) for Individuals.   As shown in Figure  5, from 2013-14 through 2020-21, the maximum combined SSI/SSP monthly grant amount for individuals (the bulk of the SSI/SSP caseload) and couples had increased on average by 1.2  percent annually —predominantly due to the provision of federal SSI COLAs.
https://lao.ca.gov/Publications/Report/5148