The 2025-26 Budget: SB 678 County Probation Grant Program

Apr 11, 2025 - The state allocated a total of $123.8  million each year from 2021-22 through 2023-24, and $117.1  million in 2024-25. Under current law, the hold will expire and the modified formula would again be used starting in 2025-26.
https://lao.ca.gov/Publications/Report/5031

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - As a result, the net impact on 2024 ‑25 and later years would minimal. Changes to Constitutional Budget Requirements. The revenue shift described above would result in changes to the state ’s constitutional minimum funding requirement for schools.
https://lao.ca.gov/Publications/Report/4722

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

Mar 6, 2025 - Current LAO Forecast for 2024-25: $607 Million. We currently project cannabis tax revenues of $607 million in 2024-25. This forecast is just $3 million above the January Governor ’s Budget forecast. As shown in the figure below, the resulting 2025-26 revenue allocations are nearly identical to the administration ’s January projections.
https://lao.ca.gov/LAOEconTax/article/Detail/824

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

Mar 6, 2025 - Current LAO Forecast for 2024-25: $607 Million. We currently project cannabis tax revenues of $607 million in 2024-25. This forecast is just $3 million above the January Governor ’s Budget forecast. As shown in the figure below, the resulting 2025-26 revenue allocations are nearly identical to the administration ’s January projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/824

This measure requires public schools to provide each student with 30 hours of education on environmental sustainability and sustainable best practices every two years. [Ballot]

Mar 25, 2025 - File No. 25-0001). Background State Has Adopted Public School Science Standards. The state has adopted academic content standards that describe what students are expected to know by the end of each grade in each subject.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-001

The 2024-25 California Spending Plan: Housing and Homelessness

Oct 16, 2024 - The 2024 ‑25 budget package includes certain other actions in other department budgets pertaining to housing and homelessness, as described in the Human Services write ‑up of the Spending Plan. b Because tax credits are not claimed until the housing units are complete, the General Fund impact of new program funding will not be observed for a few years.
https://lao.ca.gov/Publications/Report/4936

The 2025-26 Budget: Expanded Learning Opportunities Program [Publication Details]

Feb 20, 2025 - In this brief, we assess the Governor’s 2025-26 proposal for the Expanded Learning Opportunities Program and provide associated recommendations.
https://lao.ca.gov/Publications/Detail/4977

The 2024-25 Budget: Transportation Budget Solutions [Publication Details]

Feb 23, 2024 - The 2024-25 Budget: Transportation Budget Solutions [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4854

The 2022-23 California Spending Plan: Higher Education

Oct 4, 2022 - In addition to these 2022-23 changes, the budget agreement includes plans to potentially restructure the Cal Grant program in 2024-25, subject to a trigger provision, as the nearby box describes. Cal Grant Trigger Provision Budget Includes Trigger Provision for 2024-25.
https://lao.ca.gov/Publications/Report/4632

Newest Early Jobs Revision Shows No Net Job Growth During 2023 [EconTax Blog]

Sep 15, 2023 - With the fourth quarter revision, calendar year 2023 saw essentially no net job growth (+9,000 jobs overall). Data since January 2024 has not yet been rebenched. As such, the figure includes the Early Benchmark Revision for these recent months growing  at the same rate as the official CES estimates.    
https://lao.ca.gov/LAOEconTax/article/Detail/783