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

Jan 13, 2025 - Some of the largest spending augmentations proposed include: (1) $60  million to provide additional grants under the Cal Competes program; (2)  the intent to partially restore an ongoing reduction to the trial courts, which, if enacted, would cost $42  million ongoing; and (3)  the Governor ’s proposed expansion to College Corps, which would cost $5  million in 2025 ‑26, but grow to $84  million  ongoing.
https://lao.ca.gov/Publications/Report/4951

Rethinking California's Reserve Policy

Apr 10, 2025 - In the 1950s, the state had significant reserves and surpluses (the amounts in Figure  3 are additive, so in the 1949 ‑50 budget, reserves and surpluses represented 42  percent of revenues). In the late 1970s, the state had sizeable surpluses, but no reserves on hand.
https://lao.ca.gov/Publications/Report/5028

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - This consists of (1) $77  million (increasing to $132  million) from the planned deactivation of Chuckawalla Valley State Prison in Blythe, (2) $82  million from the deactivation of 42  housing units across 11 state prisons, and (3)  $10  million (increasing to $11  million) related to reduced administrative costs resulting from these and previous deactivations. $97  million in
https://lao.ca.gov/Publications/Report/4922

With New Deficits Looming, California Will Weigh its Options for Allocating a Large Revenue Windfall

Dec 1, 2020 - From January to May 2020, projected tax revenues for the upcoming fiscal year (2020 ‑21) underwent an unprecedented $42  billion downward revision. Within just a few weeks, the budget process was upended from a discussion about how to allocate a surplus into the much less welcome task of solving a large anticipated deficit problem.
https://lao.ca.gov/Publications/Report/4305

The 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - That is because, overall, January collections from the state ’s three largest taxes were $7.5  billion (42  percent) ahead of budget projections and, based on historical patterns, we anticipate that a substantial share of these revenues came from taxpayer realization of capital gains.
https://lao.ca.gov/Publications/Report/4418

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Human Services: Discretionary Spending Proposals in the 2021 ‑22 Budget Package General Fund (In Millions) Expand APS to older adults aged 60 and over and enhance services — Fund county costs associated with CalFresh simplifcations — Augment CFAP monthly benefits to their maximum per household size $24 Expand CFAP benefits to some previously ineligible immigrants — Augment CFAP benefits by 15
https://lao.ca.gov/Publications/Report/4448/1

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - (Outyear funding includes $7.2  million General Fund and 42 positions [39 permanent positions and three limited-term positions] in 2023-24, $7  million General Fund and 41 positions [39 permanent positions and two limited-term positions] in 2024-25 and 2025-26, and $6.7  million General Fund and 39 permanent positions in 2026-27 and ongoing).
https://lao.ca.gov/Publications/Report/4626