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

Jan 13, 2025 - There are a handful of differences in our estimates, but these changes are small enough on net that they do not substantively change our assessment of the budget condition. Specifically, the administration has higher revenue estimates than our office, but these are mostly offset by their higher spending estimates.
https://lao.ca.gov/Publications/Report/4951

The 2023-24 Budget: Proposed Fund Shift for CHP and DMV Capital Projects

Feb 27, 2023 - On the other hand, one benefit of using cash is that, compared to bonds, it results in a lower overall project cost because the state does not have to pay interest. Administration Has Not Identified a Funding Source for the Repayment of Bonds.
https://lao.ca.gov/Publications/Report/4710

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

Jan 13, 2022 - On the other hand, the proposal to provide $1.5  billion for college and career pathways appears to have similar goals as several existing programs. We recommend the Legislature avoid creating a new program until it receives evidence that these existing programs are insufficient to support college and career pathways in the targeted areas.
https://lao.ca.gov/Publications/Report/4492