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

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 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 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - California State Teachers’ Retirement System (CalSTRS) Pension System Administers Pension Benefits for Teachers. CalSTRS is the world ’s largest educator ‑only pension system, administering the $315  billion Teachers ’ Retirement Fund for more than 1  million members and beneficiaries (as of June 2023).
https://lao.ca.gov/Publications/Report/4887

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 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The budget provides $14.7  million ongoing from various special funds to continue to operate and maintain the BreEZe IT system, which supports the regulatory activities of about half of DCA ’s boards and bureaus.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The budget provides $14.7  million ongoing from various special funds to continue to operate and maintain the BreEZe IT system, which supports the regulatory activities of about half of DCA ’s boards and bureaus.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - Financial Information System for California The purpose of the state ’s Financial Information System for California (FI$Cal) information technology (IT) project was to replace its aging and decentralized financial IT systems with one system that integrates state government processes for accounting, budgeting, cash management, and procurement.
https://lao.ca.gov/Publications/Report/4626