Cannabis Tax Revenue Update (2025 Q1) [EconTax Blog]

Jun 3, 2025 - Looking further ahead, our preliminary revenue projection for 2025-26 is $732 million, which is just $5 million above the administration ’s May forecast. Both our forecast and the administration ’s reflect the statutorily required tax increase noted above.
https://lao.ca.gov/LAOEconTax/Article/Detail/831

The 2025-26 Budget: State Mandates—Regional Water Quality Control Boards

May 30, 2025 - Background For background information on municipal stormwater permits; why CSM considers some requirements to be state-reimbursable mandates; and the role of Proposition  218 (1996), Chapter  536 of 2017 (SB  231, Hertzberg), and court decisions in determining whether local governments had sufficient authority to raise fees to pay for their costs to comply with stormwater permit requirements,
https://lao.ca.gov/Publications/Report/5054

The 2025-26 Budget: May Revision Trailer Bill Proposals on the Delta Conveyance Project and Water Quality Control Plans

May 27, 2025 - Making some changes to requirements around how DWR must repay other state agencies that do work on the SWP (Section 5) . Explicitly including the DCP as part of the SWP. This would allow DWR to pay for the project in the same way that it has paid for other SWP facilities, that is, by issuing revenue bonds which then would be required to be repaid by contracting SWP water agencies.
https://lao.ca.gov/Publications/Report/5053

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - Specifically, our revenue estimates exceed the administration ’s estimates by $5  billion to $7  billion annually from 2026-27 to 2028-29 —differences we consider very minor given the size of the budget and uncertainty in revenue forecasting.
https://lao.ca.gov/Publications/Report/5052

Changes to CSU's Base Funding Over Next Three Years [EdBudget]

May 19, 2025 - A new governor will take office in 2027-28. a Reflects a deferred Year 4 base increase of $252 million and a Year 5 base increase of $265 million. b Reflects restoration of $75 million one-time reduction applied in 2024-25.
https://lao.ca.gov/Education/EdBudget/Details/971

The 2025-26 Budget: Concession Bargaining

May 19, 2025 - For example, see the 2010 agreement with Service Employees International Union, Local 1000 (Local 10000), which increased employee contributions from 5 percent of pay to 8 percent of pay and reduced pension benefits for future hires.
https://lao.ca.gov/Publications/Report/5047

The 2025-26 Budget: Cap-and-Trade Reauthorization and Greenhouse Gas Reduction Fund Proposals at May Revision

May 19, 2025 - GGRF Expenditure Plan LAO Bottom Line: In crafting the Greenhouse Gas Reduction Fund (GGRF) expenditure plan, we recommend that the Legislature: (1)  ensure its legislative priorities are reflected, (2)  minimize the use of continuous appropriations, (3)  give serious consideration to using GGRF to help solve the budget problem and preserve highest-priority activities, (4)  defer decisions on
https://lao.ca.gov/Publications/Report/5049

Proposed Changes in UC's Base Funding [EdBudget]

May 18, 2025 - A new governor will take office in 2027-28. a Reflects a deferred Year 4 base increase of $241 million and a Year 5 base increase of $254 million. b Reflects a deferred Year 4 increase of $31 million and a Year 5 increase of $30 million. c Reflects various small ongoing and one-time adjustments. d Reflects the restoration of a $125 million one-time reduction
https://lao.ca.gov/Education/EdBudget/Details/970

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

Ethnic studies course at the California State University. [Ballot]

May 15, 2025 - File No. 2 5-0003). Background CSU Is a Public University System in California. CSU provides undergraduate and graduate education with a focus on academic degrees through the master ’s level. Its 23 campuses enroll approximately 460,000 students.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-003