The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - From the increased amount of credits, $75  million is for recurring television series and $15  million is for television series that relocate to California from other states. The budget package also places new limits on the total amount of credits any one recurring television series may receive.
https://lao.ca.gov/Publications/Report/4452

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - First, the budget includes about ten budget solutions —proposals that create budget capacity, improving the budget ’s bottom line —and they total around $9  billion. Second, the Governor ’s budget includes about 60 discretionary spending proposals —proposals that use budget capacity, eroding the budget ’s bottom line —and these total about $600  million.
https://lao.ca.gov/Publications/Report/5101

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - Our Revenue Estimates Consistent With $2.5  Billion Upgrade to Budget Bottom Line Compared to January. Our recent revenue post suggests an improvement in revenues of around $5 billion relative to the Governor’s budget estimates.
https://lao.ca.gov/Publications/Report/5133

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - However, our Fiscal Outlook revenue forecast, shown in Figure  2 , reflects a smaller, temporary upgrade which reverses beginning in 2026 ‑ 27 —resulting in 2026 ‑27 revenues being in line with budget act estimates.
https://lao.ca.gov/Publications/Report/5091

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

May 17, 2025 - As a result, associated spending is likely to be higher in the out ‑years.
https://lao.ca.gov/Publications/Report/5044

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - Overall, this figure shows that the state budget is likely balanced over the next couple of years, but a budget problem becomes more likely in later years.
https://lao.ca.gov/Publications/Report/4907

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - Like other budget maneuvers, this creates a misalignment between the state’s cash position and its budgetary costs. Notably, this cost shift is intended to continue on an ongoing basis—meaning costs incurred in 2026‑27 would be recognized in 2027‑28, and so on.
https://lao.ca.gov/Publications/Report/5079

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

Jan 13, 2025 - Third, the budget is currently balanced, but only because the Legislature took significant actions last year —nearly all of which involved one ‑time uses of funds, like reserve withdrawals, temporary revenue augmentations, and reductions in temporary spending.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - Fundamentally, our assessment and that of the administration are very similar —the state is likely to face persistent future deficits. These deficits range from $10  billion to $20  billion through 2028-29.
https://lao.ca.gov/Publications/Report/5052

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - For example, oversight of homeless encampment resolution grants likely could be done comprehensively. In contrast, oversight of Medi-Cal likely requires discrete examinations of factors like eligibility, caseload, services, and utilization to understand the program benefits.
https://lao.ca.gov/Publications/Report/4983