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

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951

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

Feb 18, 2025 - As a result, every dollar of new spending essentially requires making offsetting reductions elsewhere in the 2025 ‑26 budget or foregoing the opportunity to leave money in state reserves to prepare for future budget challenges.
https://lao.ca.gov/Publications/Report/4967

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

Feb 24, 2025 - Also, while the annual budget process would give the Legislature an opportunity to appropriate the money raised by the proposed new fees, that also would not serve as an adequate substitute for legislative approval of the specific fees—by the time the department requests that the Legislature appropriate the revenue, CARB could already have set and levied the fees.
https://lao.ca.gov/Publications/Report/4980

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - Typically, the first step that rate ‑setting entities take is to determine the amount of money the utility should be allowed to recover through rates to support the main components of the electricity system and other activities.
https://lao.ca.gov/Publications/Report/4950

Frequently Asked Questions About Wildfires in California

Jan 28, 2025 - In addition to spending its own money, the state requires electric utilities to dedicate funding from their ratepayers to undertake activities intended to reduce the risks of utility-sparked wildfires.
https://lao.ca.gov/Publications/Report/4952