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

Feb 20, 2026 - Our recent revenue post suggests an improvement in revenues of around $5 billion relative to the Governor’s budget estimates. Under the state’s constitutional budget formulas, a revenue increase of this magnitude would translate, very roughly, into a $2.5 billion improvement in the budget bottom line.
https://lao.ca.gov/Publications/Report/5133

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - While the Governor focuses solutions in Medi-Cal —constituting $11  billion of the total $16  billion in solutions —the Legislature could pursue a different mix of spending and/or revenue solutions than those proposed.
https://lao.ca.gov/Publications/Report/5052

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

May 17, 2025 - Revenues Lower by About $5   Billion. The May Revision downgrades the administration ’s revenue estimates by $5  billion. Revenues for prior and current years are up a total of $6  billion, primarily reflecting stronger ‑than ‑expect personal income tax collections which are running $4  billion ahead of prior projections as of April.
https://lao.ca.gov/Publications/Report/5044

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 5 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Other General Fund (In millions) Broadband infrastructure —last ‑mile projects $253 Broadband infrastructure —Broadband Loan Loss Reserve Fund 175 Establish new office of public outreach 65 Note: Includes augmentations above $50 million CPUC = California Public Utilities Commission and OPR = Office of Planning and Research.
https://lao.ca.gov/Publications/Report/4788/4

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - This is about $5  billion larger than the budget problem anticipated by the administration in June. Figure  3 provides our estimates of the General Fund condition, including our estimate of the budget problem.
https://lao.ca.gov/Publications/Report/5091

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

Jan 12, 2026 - Ongoing, the Governor ’s spending ‑related solutions provide $5  billion in savings within a few years. Appendix 1 provides a list of the Governor ’s budget solutions. Generates $5.6 Billion School and Community College Settle‑Up Obligation in 2025‑26.
https://lao.ca.gov/Publications/Report/5101

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - . $5  million to the judicial branch to supplement its existing contract with the California Access to Justice Commission for legal services nonprofits generally. The judicial branch and DSS are required to report to the Legislature on grant awardees.
https://lao.ca.gov/Publications/Report/5079

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - Specifically, our estimates of spending (excluding spending on schools and community colleges) are about $5  billion lower in 2025 ‑26, $4  billion lower in 2026 ‑27, and $3  billion lower in 2027 ‑28.
https://lao.ca.gov/Publications/Report/4907

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Under our outlook, Proposition  98 General Fund spending on schools and community colleges is $89  billion in 2026 ‑ 27 —nearly $12  billion above our projected 2023 ‑24 level and $5  billion higher than the administration ’s projection for 2026 ‑27.
https://lao.ca.gov/Publications/Report/4772

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

Jan 13, 2025 - School and Community College Spending Higher by $5   Billion. Reflecting these higher revenue estimates, the administration ’s estimates of constitutionally required General Fund spending on K ‑14 education is $4.7  billion higher than our November estimates.
https://lao.ca.gov/Publications/Report/4951