The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091

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

Jan 12, 2026 - That said, recent budgets have set the SFEU bet ween $3.5  billion and $4.5  billion, so the Governor ’s budget proposal to set the balance to $4.5  billion is generally in line with recent policy.
https://lao.ca.gov/Publications/Report/5101

Rethinking California's Reserve Policy

Apr 10, 2025 - This strategy avoids forcing the state to save more in years when the budget position is positive, but more marginal. In these years, saving more money might come at the expense of high‑priority legislative goals.
https://lao.ca.gov/Publications/Report/5028

Strong Tax Collections Belie California's Challenging Fiscal Outlook

Apr 26, 2022 - This means the proposal should address a well-defined problem with a policy strategy that has been evaluated and found to be cost-effective. Second, we suggest giving priority to proposals that mitigate future budget problems.
https://lao.ca.gov/Publications/Report/4590

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - For example, if a segment failed to close a student equity gap as planned, it could be required to report on the strategies it had implemented to date, how it would change those strategies moving forward, and how it would reallocate existing resources.
https://lao.ca.gov/Publications/Report/4492

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - As such, the administration is developing a strategy and process to transition OPR staff from exempt positions to civil service status. This includes the addition of 13 new positions in 20 23-24 for various activities —primarily to implement new statutory tasks —that have civil service classifications.
https://lao.ca.gov/Publications/Report/4814

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - As we have said previously, a clear, long-term strategy would make it more likely that the state ’s investments would have a meaningful ongoing impact on its housing and homelessness challenges. In addition, several of the Governor ’s proposals focus on the acquisitions and rehabilitation of properties using one-time resources.
https://lao.ca.gov/Publications/Report/4309