The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - (Revenue ‑related solutions, totaling about $300  million, represent the small remainder.) Note that while the state is also making a $7.1  billion withdrawal from the BSA in 2025 ‑26, this withdrawal is not reflected in Figure  1 because it was authorized in the 2024 ‑25 budget package.
https://lao.ca.gov/Publications/Report/5079

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

Jan 13, 2024 - This would generate about $300  million in additional revenue in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4825

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Smaller proposals, such as shifting nearly $300  million in General Fund spending to the Proposition  4 (2024) climate bond, account for the remaining difference. Absent Proactive Choices Last Year, Budget Problem Would Be Significantly Larger.
https://lao.ca.gov/Publications/Report/5044

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 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 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - The Governor proposes $800  million from the General Fund over two years —$400  million in 2022 ‑23 and 2023 ‑ 24 —to implement various efforts to improve forest health and make communities more resilient to future wildfires.
https://lao.ca.gov/Publications/Report/4492

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

Jan 10, 2021 - Counties would be required to provide matching funds to receive these grants. $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
https://lao.ca.gov/Publications/Report/4309

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - By 2025 ‑26, the one ‑time initiatives in this category will have expired, but approximately $ 400 m illion in higher ongoing spending will remain. The largest of these ongoing commitments involve supporting future resident enrollment growth.
https://lao.ca.gov/Publications/Report/4448