California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The added risk variable weighs on the range of revenue outcomes that we view as most plausible. The middle of the range, which becomes our main revenue forecast, is thus lower than if we did not include the stock market risk indicator.
https://lao.ca.gov/Publications/Report/5104

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - During the special session, the Legislature added Control Sections 90.00 and 90.01 to the 2024 ‑25 Budget Act providing up to $2.5  billion one ‑time for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5079

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

Aug 30, 2021 - The 2021-22 California Spending Plan: The State Appropriations Limit The 2021-22 California Spending Plan The State Appropriations Limit In the late 1970s, voters passed Proposition  4 (1979), which added Article XIIIB to the State Constitution.
https://lao.ca.gov/Publications/Report/4449

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - AB 156 also requires the Department of FI$Cal to submit a new biennial report to the Legislature, beginning October 31, 2023, with the status of roadmap activities required to be completed on or before July 1, 2032 including (but not limited to) adding all remaining non-exempt departments to FI$Cal and integrating the accounting book of record into the system.
https://lao.ca.gov/Publications/Report/4626

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Chapter 22 of 2024 (AB 107, Gabriel) appropriates this allocation in 2024 ‑25. eFF amounts do not include additional IIJA funding from Digital Equity Act programs, specifically $4  million in state planning and $70 million in state capacity program allocations.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Chapter 22 of 2024 (AB 107, Gabriel) appropriates this allocation in 2024 ‑25. eFF amounts do not include additional IIJA funding from Digital Equity Act programs, specifically $4  million in state planning and $70 million in state capacity program allocations.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

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

Nov 15, 2024 - As such, our independent fiscal assessment underlies the Legislature ’s ability to assert an informed check on the executive branch, making any added complexity from diverging estimates a worthwhile trade-off.
https://lao.ca.gov/Publications/Report/4938

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Finally, although we have not previously recommended the Leg islature take decisive action to address the structural deficits, the state ’s persistent fiscal imbalance and the added downside risks —particularly from potential federal actions —suggest a need for a more proactive approach.
https://lao.ca.gov/Publications/Report/5044

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - However, the wage replacement rate increase under AB  908 was scheduled to expire December 31, 2021 and revert back to the pre-existing, lower wage replacement rates. The budget package extends the higher rates under AB  908 for two years, through January 1, 2023.
https://lao.ca.gov/Publications/Report/4452

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - Budget-Related Legislation Amends Information Security (IS) Requirements for “Nonreporting Entities. ” Chapter 45 of 2023 (AB 127, Committee on Budget) amends recently chaptered state law ( Chapter 773 of 2022 [AB 2135, Irwin] ) to transfer oversight of certain IS requirements for nonreporting entities—that is, state entities that are not under the direct authority of the Governor—from legislative leadership to CDT’s Office of Information Security (OIS).
https://lao.ca.gov/Publications/Report/4814