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

Feb 10, 2026 - We note that the language of S B  840 indicates that the methodology applies to “moneys in the fund ” and thus does not clearly limit it exclusively to auction revenues. However, the administration indicates that the intent of S B   840 was to apply the methodology only to auction revenues, consistent with historical practice.
https://lao.ca.gov/Publications/Report/5114

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - Expo Park: Site Improvements and Utility Replacement. Expo Park proposes $96.5  million one time ($76  million General Fund and $20.5  million from the Exposition Park Improvement Fund) to repair the sidewalk curbs, streets, and walkways in the park ahead of the 2028 Olympic and Paralympic Games.
https://lao.ca.gov/Publications/Report/5116