The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - Operating Surplus of $5 Billion in 2022 ‑23. In addition to the factors described above, which are revisions to the 2021 ‑22 Budget Act , our outlook anticipates the state will have an additional $5.2 billion operating surplus in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4472

The 2022-23 California Spending Plan: Proposition 98

Oct 24, 2022 - This program allows classified employees to deposit a portion of their income earned during the school year into a fund that is to be matched by state funds dollar for dollar and paid out in one or tw o installments during the summer months.
https://lao.ca.gov/Publications/Report/4641

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - SSP Grants Were Increased in 2016-17, 2021-22, 2022-23, and 2023-24.  Since the Great Recession, as seen in Figure  2, grants for individuals and couples have been increased four times —in 2016-17 (by 2.76  percent), 2021-22 (by 23.95  percent), 2022-23 (by 10.3  percent), and 2023-24 (by 9.2  percent).
https://lao.ca.gov/Publications/Report/5148

Cannabis Tax Revenue Update (2025 Q4) [EconTax Blog]

Feb 26, 2026 - Chapter 56 of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for Fourth Quarter of 2025: $145 Million. The administration currently estimates that retail excise tax revenue was $145 million in the fourth quarter of calendar year 2025 (October through December).
https://lao.ca.gov/LAOEconTax/Article/Detail/851

Cannabis Tax Revenue Update (2025 Q4) [EconTax Blog]

Feb 26, 2026 - Chapter 56 of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for Fourth Quarter of 2025: $145 Million. The administration currently estimates that retail excise tax revenue was $145 million in the fourth quarter of calendar year 2025 (October through December).
https://lao.ca.gov/LAOEconTax/article/Detail/851

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - Center for Excellence $750,000 ongoing beginning in 2022 ‑23. Emergency Response Augmentation $50 million one ‑time in 2021 ‑22 and again in 2022 ‑23, expendable for four years (through June 30, 2026 for the later allocation).
https://lao.ca.gov/publications/report/5147

The 2022-23 Budget: Special Education Proposals

Jan 25, 2022 - The 2022-23 Budget: Special Education Proposals The 2022‑23 Budget Special Education Proposals Summary. This post provides background on various special education programs, describes the Governor ’s proposals related to these topics, and offers associated recommendations and issues for the Legislature to consider.
https://lao.ca.gov/Publications/Report/4494

Cannabis Tax Revenue Update (2025 Q3) [EconTax Blog]

Dec 2, 2025 - Chapter 56 of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. As that law required, the administration raised the retail excise tax rate from 15 percent to 19 percent on July 1, 2025.
https://lao.ca.gov/LAOEconTax/Article/Detail/844

Cannabis Tax Revenue Update (2025 Q3) [EconTax Blog]

Dec 2, 2025 - Chapter 56 of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. As that law required, the administration raised the retail excise tax rate from 15 percent to 19 percent on July 1, 2025.
https://lao.ca.gov/LAOEconTax/article/Detail/844

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter. The ongoing costs are for the p rinting of disclosures.
https://lao.ca.gov/Publications/Report/5130