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

Jan 13, 2025 - Increases Revenue by Around $300   Million. The Governor ’s budget proposes to change the rules about how taxable profits are determined for financial institutions. The administration estimates this change would increase revenues on an ongoing basis by around $300  million per year.
https://lao.ca.gov/Publications/Report/4951

The 2026-27 Budget: California Highway Patrol Proposals [Publication Details]

Mar 6, 2026 - In this post, we assess the Governor's California Highway Patrol budget proposals for (1) equipment and operating costs and (2) capital outlay projects.
https://lao.ca.gov/Publications/Detail/5152

The 2026-27 Budget: California Highway Patrol Proposals

Mar 6, 2026 - As shown in Figure  2, the department ’s uniformed officer vacancy rate including temporary positions, is still well above the pre-pandemic levels. Specifically, while the vacancy rate was 2.8  percent in 2019, it then rose to over 9  percent in 2021, and remained at 6.6  percent as of 2024, per the most recent data available.
https://lao.ca.gov/Publications/Report/5152

The 2023-24 California Spending Plan: Transportation

Oct 16, 2023 - However, transit agencies estimated that without the additional resources provided by this budget package, the annual statewide operational funding shortfalls could have totaled around $300  million in 2023-24 and grown to about $1.9  billion by 2025-26.
https://lao.ca.gov/Publications/Report/4804

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - While the fiscal impact of this reauthorization would be small in the budget window —an estimated $300  million in 2023 ‑ 24 —the effect would be much larger in future years, rising to roughly $2  billion in General Fund savings as early as 2024 ‑25.
https://lao.ca.gov/Publications/Report/4662

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - These actions include shifting nearly $300 million in previous General Fund augmentations for climate‑ and environmental‑related programs to instead be supported by the new Proposition 4 climate bond.
https://lao.ca.gov/Publications/Report/4961

The 2025-26 California Spending Plan: Transportation

Oct 16, 2025 - The budget language also directs any loan or other financing options developed to (1)  ensure full repayment with an agreed-upon interest rate, (2)  follow a clearly defined repayment schedule, and (3)  include a guaranteed mechanism to secure repayment from a reliable and predictable revenue source.
https://lao.ca.gov/Publications/Report/5077

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - In addition, in light of the latitude requested by the administration for use of this funding, particularly i n the near term, we suggest the Legislature require a regular annual update on the use of the $300  million funding with release of the Governor ’s budget.
https://lao.ca.gov/Publications/Report/4492

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - The two centers would also create additional capacity for 300 additiona l commercial drive tests per month. If the requested funding is approved, DMV expects the two new centers to open by spring 2023.
https://lao.ca.gov/Publications/Report/4540

The 2024-25 Spending Plan: Transportation

Sep 10, 2024 - This is an increase of $2  million from the estimated 2023 ‑24 level. The funds will support 14 new permanent staff positions. These new positions, along with the recently appointed Inspector General, will launch the office, which was created by Chapter  71 of 2022 (SB  198, Committee on Budget and Fiscal Review).
https://lao.ca.gov/Publications/Report/4925