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

Jan 13, 2025 - Any level above zero is up to the discretion of the Legislature. Recent budgets have set the SFEU between $3.5  billion and $4  billion. The Governor proposes a $4.5  billion SFEU balance for the end of 2025 ‑26.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - The proposed funds to be transferred to MVA consist of $49  million from unallocated projected discretionary GGRF revenues and $32  million that would be “freed up ” by shifting some prior planned GGRF expenditures for clean energy activities to the Proposition  4 climate bond.
https://lao.ca.gov/Publications/Report/4961