The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Specifically, the Governor ’s budget assumes (1)  a $620  million ($230  million General Fund) reduction through the permanent elimination of 6,500 vacant positions and associated funding and (2)  a $1.5  billion ($820  million General Fund) in 2024 ‑25 and $2  billion ($1.2  billion General Fund) in 2025 ‑26 and ongoing reduction to state operations expenditures.
https://lao.ca.gov/Publications/Report/4951

The 2023-24 Budget: Proposed Budget Solutions in Transportation Programs

Feb 13, 2023 - As mentioned previously, state transit agencies can expect to receive $3.1  billion in additional formula transit funding over the five ‑year period, representing an average annual increase of $620  million compared to previous levels.
https://lao.ca.gov/Publications/Report/4676