The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - Although the state faces significant cost pressures due to reductions in federal funding, using one-time resources to backfill those ongoing reductions would put the state on even worse fiscal footing going forward.
https://lao.ca.gov/Publications/Report/5133

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - In this report, we offer an alternative approach for the Legislature to take that would put the state on better fiscal footing. Ultimately, this approach includes: adopting LAO revenue estimates, tackling the resulting budget problem, and shrinking multiyear deficits.
https://lao.ca.gov/Publications/Report/5101

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 2026-27 Budget: Higher Education Overview

Feb 5, 2026 - If one ‑time Non ‑Proposition  98 funding, however, becomes available later this year or over the next few years, we recommend the Legislature use it to place the state on a stronger fiscal footing. Specifically, within the higher education budget, we recommend retiring payment deferrals at CSU and UC and paying for MCS costs in the year in which those costs are incurred (rather than in arrears).
https://lao.ca.gov/Publications/Report/5112

The 2023-24 Budget: Governor’s Proposals for the Department of General Services

Mar 1, 2023 - D CC also issues provisional licenses to certain applicants if they have submitted a completed license application and were in the process of completing local permitting processes and CEQA requirements.
https://lao.ca.gov/Publications/Report/4724

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - With a heightened possibility of a market downturn —and resulting drop in income tax revenues —adopting the administration ’s revenue assumption would put the state on precarious footing. Further amplifying this precariousness, even under the administration ’s revenues, the budget is only roughly balanced in 2026 ‑27.
https://lao.ca.gov/Publications/Report/5116

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - The May Revision puts the state on better fiscal footing and makes substantial progress toward structural balance. By pulling back substantially on one-time and temporary spending, as well as making some ongoing reductions, the Governor ’s May Revision shrinks the state ’s projected deficits from around $30  billion (our December 2023 estimates) to an average of less than $10  billion (our estimates today).
https://lao.ca.gov/Publications/Report/4907

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

May 17, 2025 - We recommend the Legislature address the budget shortfall with a similar approach that the administration took, namely adopting solutions that primarily put the state on more solid fiscal footing, rather than those that delay or exacerbate future problems.
https://lao.ca.gov/Publications/Report/5044

The 2024-25 Budget: Property Tax Postponement Program [EconTax Blog]

Feb 29, 2024 - This update should include such things as: factors driving low levels of program participation, factors contributing to the fiscal challenges facing the program over at least the next few years, the degree to which SCO expects additional General Fund support will be needed to support the program in the future, and potential program modifications that could put the program on more solid fiscal footing.
https://lao.ca.gov/LAOEconTax/Article/Detail/800

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Over the coming months, if California ’s labor market and consumers begin to show signs of a broadening recovery, the state ’s fiscal position is likely to be on better footing. It remains to be seen whether this will occur, but there are some conceivable paths toward broader improvements.
https://lao.ca.gov/Publications/Report/4939