The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Program staff must weigh these possibly competing factors, and the high recapture rate cou ld indicate a relative favoring of high-risk, high-rewards projects. In years where the program is fully subscribed, there is an opportunity cost associated with an agreement that is not fulfilled.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - In discussions with our office, the administration indicated proposing a suspension due to the state ’s challenging budget situation. Under this proposal, Los Angeles County would not receive reimbursement for the required activities unless the mandate was funded (taken off suspension) in a future budget.
https://lao.ca.gov/Publications/Report/5130