The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Borrowing costs, a key factor in business expansions and major consumer purchases, remain high. New tariffs on imports into the U.S. are creating cost pressures for businesses and consumers. Despite this, income tax collections have been strong in recent months, growing at double‑digit rates.
https://lao.ca.gov/Publications/Report/5091

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Reverts Funds From the Small Agricultural Business Drought Relief Grant Program. The budget reverts $5  million from the Small Agricultural Business Drought Relief Grant Program, which provides relief to small agricultural businesses that suffer a decline in revenues or profits due to drought/flood conditions.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Reverts Funds From the Small Agricultural Business Drought Relief Grant Program. The budget reverts $5  million from the Small Agricultural Business Drought Relief Grant Program, which provides relief to small agricultural businesses that suffer a decline in revenues or profits due to drought/flood conditions.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - Small Business Grants Grants up to $25,000 for Small Businesses Affected by Pandemic. The California Small Business Coronavirus Disease 2019 (COVID-19) Relief Grant Program provides grants for up to $25,000 for small businesses that were impacted by economic disruption related to the pandemic.
https://lao.ca.gov/Publications/Report/4452

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - The 2023-24 Budget: Overview of the Spending Plan (Final Version) Overview of the Spending Plan (Final Version) Appendix 4: Large One-Time and Temporary Augmentations Transportation Appendix 4, Figure 1 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Business and Labor General Fund (In millions) Begin new information
https://lao.ca.gov/Publications/Report/4788/4

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - Small Business Assistance Worth Considering. Recent federal business assistance, while considerably larger than proposed state assistance, is not well targeted to the most impacted businesses. Because of this, immediate state action on the $550  million for small business grants, which are targeted at impacted businesses, is worth considering.
https://lao.ca.gov/Publications/Report/4309

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - The 2024-25 Budget: Overview of the Governor's Budget $3,135 $4,677 BCH = Secretary for Business, Consumer Services, and Housing Agency; HHAPP = Homeless Housing, Assistance, and Prevention Program; FHC = Family Homelessness Challenge Grants; BSCC  =  Board of State and Community Corrections; CalFire = California Department of Forestry and Fire Protection; CalRecycle = California
https://lao.ca.gov/Publications/Report/4825/1

A Framework for Allocating Federal Recovery Funds

May 4, 2021 - In light of this, and given that the federal government already has provided substantial assistance to individuals, businesses, and local governments, we recommend not allocating all of the recovery funds this year.
https://lao.ca.gov/Publications/Report/4422