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: California's Fiscal Outlook

Dec 7, 2023 - To maximize flexibility and mitigate disruption, some of these pullbacks could merit early ac tion in 2024. Identify Other Solutions State Might Have Some Cost Shift Options Remaining. Cost shifts occur when the state moves costs between fund sources or entities —for example, shifting spending from the General Fund to special funds or, as has been done in prior budgets, shifting costs from the state to local governments.
https://lao.ca.gov/Publications/Report/4819