The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - Given the difficult choices it faces in crafting this year ’s budget, the Legislature may wish to reassess whether recent augmentations and previous agreements continue to reflect its highest priorities.
https://lao.ca.gov/Publications/Report/5116

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - Moreover, even without a stock market downturn, both our office and the administration expect the state to face multiyear deficits, with estimates ranging from $20   billion to $35   billion annually.
https://lao.ca.gov/Publications/Report/5140

Overview of New Updates to the Cap-and-Invest Program

Dec 9, 2025 - Moreover, even if CARB could have continued to operate the program absent explicit statutory reauthorization, it could have faced limitations around the structure of the program and the use of GGRF revenues.
https://lao.ca.gov/Publications/Report/5097

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - LCI states that absent the cybersecurity funding, it will be vulnerable to security incidents, face interruptions in e-mail and document storage services, and risk noncompliance with various cybersecurity requirements.
https://lao.ca.gov/Publications/Report/5167

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - However, many of the most significant challenges facing the watershed are directly linked to water use and diversion, including exports from the SWP and CVP. The watershed has been reshaped by a vast network of dams, pumps, levees, reservoirs, and engineered channels to support water storage, water delivery, and flood control.
https://lao.ca.gov/Publications/Report/5163

Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - (In our November 2025 publication, The 2026-27 Budget: California’s Fiscal Outlook , we estimate that the Legislature faces an almost $18 billion budget problem in 2026-27—and that estimate already assumes that GGRF and not the General Fund covers $1.25 billion of CalFire costs.)
https://lao.ca.gov/Publications/Report/5096

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - However, as we discuss in our January 2026 publication, The 2026‑27 Budget: Overview of the Governor’s Budget , the state faces alarming multiyear budget deficits, ranging from $20 billion to $35 billion annually.
https://lao.ca.gov/Publications/Report/5114

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - Higher Wildfire ‑Related Costs California Utilities, Particularly IOUs, Face Higher Wildfire Costs. California ratepayers —and especially its IOU ratepayers —typically pay more costs related to wildfires than other utility customers.
https://lao.ca.gov/Publications/Report/4950

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - We note that the state is already projected to face future transportation funding challenges due to existing trends and policies that increase zero ‑emission vehicle (ZEV) adoption, which in turn will reduce diesel and gasoline excise tax revenues.
https://lao.ca.gov/Publications/Report/5139

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

May 19, 2025 - Moreover, if the Legislature does not use GGRF to help ad dress the state ’s budget problems, it will be faced with making even greater reductions to General Fund-supported programs or increasing revenues by a like amount.
https://lao.ca.gov/Publications/Report/5049