The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget package removes both (1)  savings and loans, and (2)  banking or financial business from the list of QBA from tax year 2025 onwards. The administration estimates this change will increase revenues by $330  million in fiscal year 2025-26, decreasing slightly to $270  million by 2028-29.
https://lao.ca.gov/Publications/Report/5081/

The 2025-26 Budget: Estimated State Savings From Proposition 47

Feb 26, 2025 - Second, it requires that people are generally given the option of treatment in lieu of incarceration in county jail or state prison. Accordingly, the number of people that reach prison under Proposition  36 for drug possession is likely to be substantially smaller than the number of people that were sentenced to prison for drug possession prior to the passage of Proposition  47.
https://lao.ca.gov/Publications/Report/4991

The 2025-26 Budget: SB 678 County Probation Grant Program

Apr 11, 2025 - One option for a formula allocation wou ld be to base each county ’s maximum share of funds on the overall county felony supervision population. A county would then receive an award for each evidence-based practice it uses, up to this maximum.
https://lao.ca.gov/Publications/Report/5031

The 2025-26 Budget: California Department of Corrections and Rehabilitation

Feb 25, 2025 - However, because the administration has not yet engaged stakeholders in developing a specific plan, it is unclear if this option was considered. Moreover, SQRC has many other existing nonstate ‑run rehabilitation programs.
https://lao.ca.gov/Publications/Report/4986

The 2023-24 Budget: Financing Approaches for Capital Outlay Projects

Feb 28, 2023 - Even though interest rates are relatively high right now , if interest rates come down in the future, the state typically has the option of effectively refinancing at a lower interest rate. Specify Fund Source for Bond Debt Service Payments.
https://lao.ca.gov/Publications/Report/4709