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

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - These slots will have full ‑year costs of $305  million beginning in 2025 ‑26. The  budget also modifies and adds into statute details related to the multiyear slot expansion plan. (In 2021 ‑22, the Legislature and Governor agreed to add 206,500 child care slots by 2025 ‑26.
https://lao.ca.gov/Publications/Report/4922

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - The budget package also reflects UC ’s continued implementation of its statutory nonresident replacement plan, with an additional 902 nonresident slots replaced with resident slots in 2023 ‑24. The budget package sets no 2023 ‑24  enrollment expectation for CSU.
https://lao.ca.gov/Publications/Report/4616

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

Oct 27, 2021 - Human Services: Discretionary Spending Proposals in the 2021 ‑22 Budget Package General Fund (In Millions) Expand APS to older adults aged 60 and over and enhance services — Fund county costs associated with CalFresh simplifcations — Augment CFAP monthly benefits to their maximum per household size $24 Expand CFAP benefits to some previously ineligible immigrants — Augment CFAP benefits by 15
https://lao.ca.gov/Publications/Report/4448/1

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

May 17, 2024 - This includes, for example, $1.6  billion in spending delays for competitive transit grant funds, a sweep of nearly $600  million in unawarded General Child Care slots, and a change in the distribution of funds in the school facilities program that delays nearly $700  million in spending until after 2024-25.
https://lao.ca.gov/Publications/Report/4902

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - The remainder of this section describes how these mechanisms are used across different categories of spending. In some areas, the state budget automatically adjusts for inflation using these mechanisms, whereas in other areas it does  not.
https://lao.ca.gov/Publications/Report/4647

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - Some of this borrowing is similar to the measures used during the Great Recession —collectively previously referred to as the state ’s “wall of debt, ” which was defined as nonroutine borrowing mechanisms enacted to address persistent deficits.
https://lao.ca.gov/Publications/Report/5052

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - Accordingly, we have adopted terminology that more transparently reflects the underlying natur e of these budget solutions, if not always their precise  mechanics.) Major categories of borrowing in the budget  include: Medi ‑Cal Maneuver ($4.4   Billion).
https://lao.ca.gov/Publications/Report/5079

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

Oct 27, 2021 - The budget package includes $ 735 m illion in 2021 ‑22 ($1. 6 b illion ongoing) across state and federal fund sources to provide additional slots for child care across several child care programs. The Legislature and Governor further agreed to add 80, 000 c hild care slots through 2025 ‑26, which is anticipated to cost an additional $ 1 b illion General Fund by 2026 ‑27.
https://lao.ca.gov/Publications/Report/4448