CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This is a net increase of $5  million (3  percent) over the revised 2024-25 level. (This does not reflect some adjustments related to Control Sections 4.05 and 4.12 of the 2024-25 and 2025-26 budgets.
https://lao.ca.gov/Publications/Report/5081/

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - To the extent this is the case, the policy would result in “shuffling, ” or replacing one lower carbon fuel with another rather than simply increasing overall use, thus limiting any net environmental benefits.
https://lao.ca.gov/Publications/Report/5139

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

Jan 13, 2025 - On a net basis, these items slightly improve the budget’s bottom line. Neither our November estimates nor the administration ’s estimates included any costs associated with the devastating wildfires in Southern California, as both were developed before those wildfires began.
https://lao.ca.gov/Publications/Report/4951

Overview of New Updates to the Cap-and-Invest Program

Dec 9, 2025 - Accurately predicting the net effects of the extension of the cap ‑and ‑invest program on the Legislature ’s key policy priorities —such as GHG reduction and affordability —is difficult, if not impossible.
https://lao.ca.gov/Publications/Report/5097

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - The 2025-26 DWR budget is down a net $2  billion (40  percent) from the estimated 2024-25 expenditure level, due primarily to the expiration of one-time funds. Below we discuss several notable changes in the DWR budget.
https://lao.ca.gov/Publications/Report/5080

The 2023-24 California Spending Plan: Resources and Environmental Protection

Oct 16, 2023 - Figure  4 displays the new funding totals for each energy program, including summarizing the $992  million in net reductions. Notable reductions and changes include: California Arrearage Payment Program.
https://lao.ca.gov/Publications/Report/4807

Assessing California’s Climate Policies—Cap-and-Trade Reauthorization

May 7, 2025 - However, as long as the cap is already limiting emissions from these emitters, spending on activities to reduce emissions from these same entities likely will have no net effect on overall emissions.
https://lao.ca.gov/Publications/Report/5042

The 2024-25 California Spending Plan: Resources and Environmental Protection

Sep 12, 2024 - As shown in Figure 3, after accounting for the use of GGRF, the 2024‑25 spending plan results in net reductions to multiyear funding for these packages totaling $4.8 billion compared to the revised 2023‑24 totals.
https://lao.ca.gov/Publications/Report/4928

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - Under a statewide program called net energy metering (NEM), customers who have installed solar panels on their homes typically receive credits on their bills for the electricity those panels generate.
https://lao.ca.gov/Publications/Report/4950