The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - Similarly, state-federal partnerships, like Medi-Cal, the state ’s Medicaid program, require the state provide a minimum level of funding for large portions of the program. Where the state has implemented expansions of state-federal partnerships, however, there typically is greater fiscal flexibility.
https://lao.ca.gov/Publications/Report/4983

The 2025-26 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2025 - Update (1/16/25): A set of tables detailing various solutions and proposals has been appended to the online version of this report. They are available using the HTML link above. On January 10, 2025, Governor Newsom’s administration presented its proposed state budget to the California Legislature.
https://lao.ca.gov/Publications/Detail/4951

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

Jan 13, 2025 - State Operations Reductions. The 2024 ‑25 budget package assumed that the Department of Finance would reduce state operations expenditures through two unallocated reductions across most state departments.
https://lao.ca.gov/Publications/Report/4951

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

Jan 13, 2025 - Update (1/16/25): A set of tables detailing various solutions and proposals has been appended to the online version of this report. They are available using the HTML link above. On January 10, 2025, Governor Newsom’s administration presented its proposed state budget to the California Legislature.
https://lao.ca.gov/Publications/Report/4951/1

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

Jan 13, 2025 - Update (1/16/25): A set of tables detailing various solutions and proposals has been appended to the online version of this report. They are available using the HTML link above. On January 10, 2025, Governor Newsom’s administration presented its proposed state budget to the California Legislature.
https://lao.ca.gov/Publications/Report/4951/2

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

Jan 13, 2025 - Update (1/16/25): A set of tables detailing various solutions and proposals has been appended to the online version of this report. They are available using the HTML link above. On January 10, 2025, Governor Newsom’s administration presented its proposed state budget to the California Legislature.
https://lao.ca.gov/Publications/Report/4951/3

CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

The 2025-26 Budget: California's Fiscal Outlook [Publication Details]

Nov 20, 2024 - Every year, our office publishes the Fiscal Outlook in anticipation of the upcoming budget season. This report gives the Legislature our independent estimates and analysis of the state’s budget condition with the goal of helping lawmakers prepare for the 2025-26 budget process. See our other Fiscal Outlook publications here.
https://lao.ca.gov/Publications/Detail/4939

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - We evaluate the budget condition based on current law and policy at both the state and federal level. This means we are assessing the state ’s spending and revenues assuming no new laws or policies are enacted.
https://lao.ca.gov/Publications/Report/4939

California's Legislative Analyst's Office and the Value of Independence

Nov 15, 2024 - Establishing Baseline Expenditure Estimates: a Key Step in Fiscal Planning When developing our fall fiscal outlook for the state, we begin by estimating the expenditure baseline. This reflects the projected cost of maintaining current state government programs and services under existing laws and policies, before considering the fiscal effects of any new policy decisions.
https://lao.ca.gov/Publications/Report/4938