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

Jan 12, 2026 - The proposals reduce costs by around $900  million in 2026 ‑27, with savings in future years ramping up to a few billion dollars annually. Other Budget Solutions. The budget also includes a few other, smaller budget solutions.
https://lao.ca.gov/Publications/Report/5101

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Key proposals include limiting provider overtime and travel hours in the IHSS program (about $700  million, growing to nearly $900  million), reducing Medi ‑Cal payments to clinics that serve patients with unsatisfactory immigration status ($450  million, growing to $1.1  billion), and eliminating certain long ‑term care facility benefits for this population (about $300  million, growing to $800  million).
https://lao.ca.gov/Publications/Report/5044

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - The Governor also proposes withdrawing the entire balance of the Safety Net Reserve—$900 million. Withdrawing the entire balance of the Safety Net Reserve may not be consistent with legislative intent.
https://lao.ca.gov/Publications/Report/4825

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - This proposal provides $900  million in additional revenue in 2024-25 and over $5  billion in future years. In addition, the May Revision includes a proposal to increase the Managed Care Organization tax and use the nearly $700  million in increased revenues to offset General Fund costs.
https://lao.ca.gov/Publications/Report/4902

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - First, it includes a total of $900 million from the General Fund on a one ‑time basis over three years —$80 million in 2021 ‑22, $320 million in 2022 ‑23, and $500 million in 2023 ‑ 24 —for various departments to implement a package of proposals focused on wildfire prevention and improving landscape health.
https://lao.ca.gov/Publications/Report/4616

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - Although the Legislature solved sizeable deficits over the past few years, totaling over $80  billion, those solutions largely only impacted one-time and temporary programs supported by the one-time, post-pandemic revenue surge.
https://lao.ca.gov/Publications/Report/4983

The 2023-24 Budget: State Appropriations Limit Estimates

Feb 1, 2023 - Our recent estimates suggest there is an 80 percent chance that revenues will be lower than Governor’s budget projections in 2022-23. Lower revenues in 2022-23 also likely would mean lower revenue projections for 2023-24.
https://lao.ca.gov/Publications/Report/4667

Rethinking California's Reserve Policy

Apr 10, 2025 - The  Safety Net Reserve initially received a deposit of $200  million and the balance of the fund eventually grew to a $900  million. Yet Further Improvements Are Warranted Proposition   2 Only Allows the State to Cover About One ‑Third of Funding Shortfalls.
https://lao.ca.gov/Publications/Report/5028

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - Significant Underlying Net Cost Growth Underlying Net Cost Growth Averaging Around $900 Million Annually Throughout the Forecast Window. Underlying net cost growth reflects the fiscal impact of changes in the Medi ‑Cal caseload and per ‑enrollee costs.
https://lao.ca.gov/Publications/Report/4474

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - The bulk of CalAIM funding—ramping up and then settling in at $500 million General Fund ($900 million total funds) ongoing—supports an expanded array of services aimed at addressing the health and social needs of Medi‑Cal’s high‑cost, high‑need populations.
https://lao.ca.gov/Publications/Report/4448