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: Child Welfare

Mar 3, 2026 - The administration estimates that implementing the Tiered Rate Structure will cost more than $300  million General Fund in 2027-28, $500  million in 2028-29, and $700  million General Fund in 2029-30 (with some potential growth thereafter and ongoing).
https://lao.ca.gov/publications/report/5147

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - Since the Great Recession, as seen in Figure  2, grants for individuals and couples have been increased four times —in 2016-17 (by 2.76  percent), 2021-22 (by 23.95  percent), 2022-23 (by 10.3  percent), and 2023-24 (by 9.2  percent).
https://lao.ca.gov/Publications/Report/5148

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - As seen in Figure  7 , the 2019 IHSS MOE reduced the base county costs in 2019 ‑20 to roughly $1.6  billion, decreasing IHSS county costs by roughly $300  million relative to 2018 ‑19. The 2019 IHSS MOE was also set to increase annually by (1)  the counties ’ share of costs from locally negotiated wage increases and (2)  an annual adjustment factor of  4  percent.
https://lao.ca.gov/Publications/Report/5166

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: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Feb 13, 2025 - As shown in Figure  2, the Governor ’s budget projects that caseload will decrease by 1.3  percent in 2024-25 and 0.7  percent in 2025-26. The Department of Social Services (DSS) has recently noted that a potential driver of this steady caseload decline may be attributable to fewer individuals meeting income and asset eligibility thresholds.
https://lao.ca.gov/Publications/Report/4964

The 2024-25 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Feb 8, 2024 - As shown in Figure  2, the Governor ’s budget projects that caseload will decrease by 1.4  percent in 2023-24 and 1.5  percent in 2024-25, which is in line with past caseload trends. The Department of Social Services recently stated that the primary drivers of this steady caseload decline are (1)  overall program attrition from the disabled population and (2)  slower caseload growth due to fewer individuals meeting income and asset eligibility thresholds.
https://lao.ca.gov/Publications/Report/4832

The 2023-24 Budget: Broadband Infrastructure

Mar 20, 2023 - Administration Maintains $300   Million General Fund in 2023 ‑24 for Increased Middle ‑Mile Network Costs. Consistent with the legislative goal in S B  189 , the Governor ’s 2023 ‑24 budget includes $300  million General Fund in 2023 ‑24 and $250  million General Fund in 2024 ‑25 for increased costs to build, lease, and purchase the state ’s middle ‑mile network.
https://lao.ca.gov/Publications/Report/4747

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Based on the scope of the contract, the administration now anticipates (1)  savings of $425  million in 2025-26 from two departments ($300  million from DHCS and $125  million from CDCR) and (2)  unknown savings in the outyears.
https://lao.ca.gov/Publications/Report/5081/

The 2023-24 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Feb 24, 2023 - As shown in Figure  2, during the Great Recession, the state incrementally decreased SSP grants for individuals and couples until they reached these minimum levels in June 2011 and November 2009, respectively.
https://lao.ca.gov/Publications/Report/4707