The 2025-26 Budget: Cap-and-Trade Expenditure Plan

Feb 12, 2025 - If Revenue Trends Continue at Modest Decline, Planned Current ‑Year Expenditures Likely Still Feasible … Two auctions remain in the 2024 ‑25 fiscal year —February and May. We estimate that even if allowance prices continue to trail the 2024 ‑25 Budget Act ’s assumptions, if they remain at
https://lao.ca.gov/Publications/Report/4960

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Savings Proposals Generates $1.6 Billion School and Community College Settle‑Up Obligation in 2024‑25. The Governor’s budget proposes providing $1.6 billion less in total funding for schools and community colleges than the estimated constitutional minimum funding level for 2024‑25.
https://lao.ca.gov/Publications/Report/4951

Frequently Asked Questions About Wildfires in California

Jan 28, 2025 - As of the 2024-25 fiscal year, the state has already appropriated $2.7  billion, with an additional cumulative $900  million planned to be provided in forthcoming annual state budgets through 2028-29.
https://lao.ca.gov/Publications/Report/4952

The 2025-26 Budget: Natural Resources and Agriculture Discretionary Spending Proposals

Feb 18, 2025 - The 2024 ‑25 budget included another allotment of $6.5  million General Fund to extend the program for one additional year. California Also Offers Other Free Parks Passes. In addition to the Library Pass Program, the state supports several other free parks pass programs with varying eligibility criteria.
https://lao.ca.gov/Publications/Report/4967

The 2025-26 Budget: Various California Air Resources Board Proposals

Feb 24, 2025 - This represents a net reduction of $240   million —or 17   percent —compared to CARB ’s estimated expenditure level in 2024 ‑25. This year ‑to ‑year decline is largely the result of a significant accumulation of unspent one ‑time funding from prior years that is included in the 2024 ‑25 amount.
https://lao.ca.gov/Publications/Report/4980

The 2025-26 Budget: State Mandates—Regional Water Quality Control Boards

May 30, 2025 - CSM has identified four new state-reimbursable mandates since enactment of the 2024-25 Budget Act . All four concern municipal stormwater permits issued by regional water quality control boards and costs incurred by local governments prior to 2018.
https://lao.ca.gov/Publications/Report/5054

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

May 19, 2025 - Additionally, the Governor has indicated a priority that any new spending plan include at least $1  billion per year annually for the high-speed rail project. (Under current law, high-speed rail receives roughly 25  percent of GGRF revenues.)
https://lao.ca.gov/Publications/Report/5049

The 2025-26 Budget: State Mandate—Santa Ana Regional Water Quality Control Board

May 5, 2025 - This mandate is one of four newly identified mandates since enactment of the 2024-25 Budget Act . We will assess the other three mandates —also related to stormwater permits —after the administration proposes a course of action, potentially in the Governor ’s revised budget proposal in May.
https://lao.ca.gov/Publications/Report/5039

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

May 27, 2025 - In March  2024, the superior court denied the petitioners ’ combined 116 claims, ruling that SWRCB had complied with CEQA, the public trust doctrine, and other legal obligations. Another source of delay has been consideration of VAs.
https://lao.ca.gov/Publications/Report/5053

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - Reduces certain inefficiencies and potential for extra workload tied to uncertain year ‑over ‑year appropriations, such as having to delay projects midstream or prepare budget requests annually for every single program.
https://lao.ca.gov/Publications/Report/4958