The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - The spending plan includes two types of these loans: $550  million in loans allocated to specific funds ($150  million from the Unfair Competition Law Fund and $400  million from the Labor and Workforce Development Fund) and $1.5  billion in unallocated special fund loans, authorized through Control Section 13.40.
https://lao.ca.gov/Publications/Report/5079

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

Jan 13, 2024 - In addition, the Governor ’s budget includes $13  billion in reserve withdrawals, which represent nearly one ‑quarter of the total; $4  billion in cost shifts; and about $400  million in revenue ‑related solutions.
https://lao.ca.gov/Publications/Report/4825

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 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - Specifically, the budget cuts $400   million from the Active Transportation Program, $200   million planned for grade separation projects, and $75   million from the Highways ‑to ‑Boulevards Pilot Program.
https://lao.ca.gov/Publications/Report/4922

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 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - At this early stage, the administration estimates that this change could reduce state tax revenue by $400  million annually. Suspends Sales Tax on Diesel Fuel. The budget package suspends the General Fund portion of the sales tax on diesel fuel from October 2022 through September 2023.
https://lao.ca.gov/Publications/Report/4626

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Outside of government and health care, the state has added no jobs in a year and a half. Similarly, the number of Californians who are unemployed is 25  percent higher than during the strong labor markets of 2019 and 2022.
https://lao.ca.gov/Publications/Report/4939

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - This includes $2.3  billion —$1.9  billion in 2021 ‑22 and about $400  million in 2022 ‑ 23 —for activities such as actions to improve water conservation, drinking water supplies and projects, grants for repairs to community water systems, and steps to protect fish and wildlife from drought impacts.
https://lao.ca.gov/Publications/Report/4616

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

Jan 10, 2021 - . $400  Million to Provide Student Behavioral Health Services Through Medi-Cal. The Governor proposes $400  million total funds ($200  million General Fund) —made available over three years —to incentivize Medi-Cal managed care plans to establish treatment partnerships with county behavioral health departments and schools. $233  Million for Counties to Treat Felony Incompetent-to-Stand-Trial (IST) Patients.
https://lao.ca.gov/Publications/Report/4309