The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - Both our office and the Department of Finance (DOF) project operating deficits ranging from $10  billion to $20  billion over the multiyear period. These shortfalls represent future budget problems that would require additional budget-balancing decisions.
https://lao.ca.gov/Publications/Report/5052

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - Undertaking this effort has required focused effort by the Department of Finance and state departments over the last six months, but little information is yet available as to how those efficiencies will be achieved.
https://lao.ca.gov/Publications/Report/4983

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

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

Nov 15, 2024 - Inevitably, our estimates will differ to some degree from those prepared by the Department of Finance (DOF) and included in the Governor ’s budget, released each year in January. Such differences reflect in part the differing roles of our office —serving the Legislature —and the Department of Finance —serving the Governor.
https://lao.ca.gov/Publications/Report/4938

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

Jan 13, 2025 - The 2024 ‑25 budget package assumed that the Department of Finance would reduce state operations expenditures through two unallocated reductions across most state departments. These included (1)  a $1.5  billion ($760  million General Fund) reduction through the permanent and ongoing reduction of 10,000 vacant positions and the associated funding and (2)  a reduction to General Fund operating expenditures of $2.2  billion in 2024 ‑25 and $2.8  billion in 2025 ‑26 and ongoing.
https://lao.ca.gov/Publications/Report/4951

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The Clean Energy Transmission Program was a part of the Climate Catalyst Revolving Loan Fund and was designed to provide financing for projects involving the construction of infrastructure for clean energy transmission.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The Clean Energy Transmission Program was a part of the Climate Catalyst Revolving Loan Fund and was designed to provide financing for projects involving the construction of infrastructure for clean energy transmission.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - Our Multiyear Estimates of Expenditures Are Somewhat Lower Than the Department of Finance ’s Estimates. The main reason that our estimates of the state ’s operating deficits are slightly smaller than the administration ’s is that our estimate of General Fund spending is lower than the administration ’s estimates.
https://lao.ca.gov/Publications/Report/4907

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - The budget assumes that the Department of Finance identifies and implements $2.2 billion in ongoing reductions to General Fund state operations expenditures beginning in 2024‑25. While this reduction generally is unallocated, the budget explicitly requires that $392 million of the total reduction be applied to the California Department of Corrections and Rehabilitation (CDCR).
https://lao.ca.gov/Publications/Report/4922

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - The 2024-25 Budget: Overview of the Governor's Budget $3,135 $4,677 BCH = Secretary for Business, Consumer Services, and Housing Agency; HHAPP = Homeless Housing, Assistance, and Prevention Program; FHC = Family Homelessness Challenge Grants; BSCC  =  Board of State and Community Corrections; CalFire = California Department of Forestry and Fire Protection; CalRecycle = California Department of
https://lao.ca.gov/Publications/Report/4825/1