The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - LCI ’s budget includes $669  million in 2025-26, which represents a notable reduction ($1.1  billion, 62  percent) compared to the prior year due to significant one-time funding reflected in the 2024-25 total.
https://lao.ca.gov/Publications/Report/5081/

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - For example, in a recent survey of professional forecasters, respondents put a 62 percent probability on U.S. inflation being 3  percent or higher in 2023 —notably higher than the 2019 survey and the recent historical average.
https://lao.ca.gov/Publications/Report/4647

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943