Major Higher Education Budget Developments [EdBudget]

Nov 12, 2025 - Late-June Final Budget Agreement: Chapters 5, 6, 9, and 77 Retains most aspects of the CCC Proposition 98 legislative package. Makes some changes to one-time funding, including reinstating funding for the Governor ’s CTE proposals to May Revision levels.
https://lao.ca.gov/Education/EdBudget/Details/1024

Comparing Middle Class Scholarships at Governor's Budget and May Revision [EdBudget]

May 18, 2025 - Comparing Middle Class Scholarships at Governor's Budget and May Revision [EdBudget] 77 Note: Data for 2024-25 and 2025-26 are estimates. a Though the budget plan included $527 million for the program, CSAC anticipated spending $519 million in 2025-26 under its October 2024 estimates.
https://lao.ca.gov/Education/EdBudget/Details/973

Major Higher Education Budget Developments [EdBudget]

Nov 5, 2025 - Proposes $77 million augmentation for MCS in 2024-25 in response to a large increase in recipients. Mid-June Legislative Package: Chapter 4 Shifts a smaller amount of funding ($233 million) from community colleges to schools than proposed at the May Revision.
https://lao.ca.gov/Education/EdBudget/Details/992

The 2026-27 Budget: California State University

Feb 24, 2026 - The Governor ’s budget proposes to continue this arrangement, deferring $144  million from 2026 ‑27 to 2027 ‑28, along with offering another no ‑interest General Fund cash loan. The administration indicates it intends to retire the deferral in 2027 ‑28, incurring an associated one ‑time cost of $144  million at that time.
https://lao.ca.gov/Publications/Report/5142

California Housing Affordability Tracker (4th Quarter 2025) [EconTax Blog]

Jan 24, 2024 - This dramatic increase has created a stark divide: as of September 2025, 77 percent of California homeowners had mortgage rates below 5 percent, while new buyers face the much higher rate. For an existing homeowner, the financial cost of selling their home with a low-rate mortgage and buying a new one at today 's rates is significant.
https://lao.ca.gov/LAOEconTax/Article/Detail/793

California Housing Affordability Tracker (4th Quarter 2025) [EconTax Blog]

Jan 24, 2024 - This dramatic increase has created a stark divide: as of September 2025, 77 percent of California homeowners had mortgage rates below 5 percent, while new buyers face the much higher rate. For an existing homeowner, the financial cost of selling their home with a low-rate mortgage and buying a new one at today 's rates is significant.
https://lao.ca.gov/LAOEconTax/article/Detail/793

The 2024-25 Budget: Preliminary May Revision Analysis for Child Welfare

May 24, 2024 - Passing only what is necessary this year would allow more time for the remaining stakeholder questions and policy issues to be worked out and give the Legislature the chance to assess whether the rates structure is in line with its vision for permanent CC R rates.
https://lao.ca.gov/Publications/Report/4909

The 2021-22 Budget: Child Care Proposals

Feb 11, 2021 - The vast majority of child care providers reported they were serving fewer children compared to before the pandemic and 77  p ercent of open providers reported they experienced a loss of income from families.
https://lao.ca.gov/Publications/Report/4363

The 2021-22 California Spending Plan: The State Appropriations Limit

Aug 30, 2021 - In addition, Chapter  77 of 2021 (AB  137, Committee on Budget) prevents local governments from exceeding their appropriations limit as a result of state subventions. Counting realignment revenues toward local limits generally is consistent with an option outlined in our aforementioned SAL report.
https://lao.ca.gov/Publications/Report/4449

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Chapter  114 of 2021 (S B  144 , Portantino) required our office to issue a report summarizing the workforce diversity information collected by the California Film Commission (CFC) and evaluate the effectiveness of the tax credit for increasing diversity.
https://lao.ca.gov/Publications/Report/5036