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The 2025-26 Budget: Cap-and-Trade Reauthorization and Greenhouse Gas Reduction Fund Proposals at May Revision

May 19, 2025 - Additionally, by making the limit on offset usage up to 6  percent rather than a fixed 6  percent, the language also would allow CARB some additional flexibility —beyond what is in current law —to set the offset limit lower than the designated level.
https://lao.ca.gov/Publications/Report/5049

The 2025-26 Budget: Expanded Learning Opportunities Program

Feb 20, 2025 - Specifically, these programs must offer the program to all TK through grade 6 students in classroom ‑based settings and provide access to  all students whose parent or guardian requests their placement in a program.
https://lao.ca.gov/Publications/Report/4977

Cannabis Tax Revenue Update (2024 Q4) [EconTax Blog]

Mar 6, 2025 - Cannabis Tax Revenue Update (2024 Q4) [EconTax Blog] Cannabis Tax Revenue Update (2024 Q4) March 6, 2025 Seth Kerstein Background. In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis.
https://lao.ca.gov/LAOEconTax/Article/Detail/824

Cannabis Tax Revenue Update (2024 Q4) [EconTax Blog]

Mar 6, 2025 - Cannabis Tax Revenue Update (2024 Q4) [EconTax Blog] Cannabis Tax Revenue Update (2024 Q4) March 6, 2025 Seth Kerstein Background. In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis.
https://lao.ca.gov/LAOEconTax/article/Detail/824

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Revenues for prior and current years are up a total of $6  billion, primarily reflecting stronger ‑than ‑expect personal income tax collections which are running $4  billion ahead of prior projections as of April.
https://lao.ca.gov/Publications/Report/5044

The 2025-26 Budget: May Revision Trailer Bill Proposals on the Delta Conveyance Project and Water Quality Control Plans

May 27, 2025 - (This responds to a court ruling that DWR exceeded its authority in seeking to issue revenue bonds for a broader “Delta Program, ” which the court ruled was more than a modification of the SWP) (Section 6) .
https://lao.ca.gov/Publications/Report/5053

The 2025-26 Budget: Concession Bargaining

May 19, 2025 - The seven units are Unit 2 (attorneys and hearing officers), 6 (corrections), 9 (professional engineers), 13 (stationary engineers), 16 (physicians, dentists, and podiatrists) 18 (psychiatric technicians), and 19 (health and social services/professional).
https://lao.ca.gov/Publications/Report/5047

The 2025-26 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 13, 2025 - As Figure  6 shows, school funding peaked following rapid increases in 2020 ‑21 and 2021 ‑22. Since that time, funding has been roughly flat after adjusting for inflation. Major Ongoing Proposals $2.1   Billion for COLA.
https://lao.ca.gov/Publications/Report/4963

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - The remaining include 11 droughts (4  percent), 9 earthquakes (3  percent), and 6 energy and 6 health emergencies (2  percent each), as well as 5 freeze and 5 wind ‑related emergencies (2  percent each).
https://lao.ca.gov/Publications/Report/5029