The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - These ongoing increases are partly offset by one‑time base General Fund reductions totaling $200 million in 2024‑25. In a related budget action, the state plans to reduce ongoing base General Fund support for UC and CSU by a total of $774 million in 2025‑26.
https://lao.ca.gov/Publications/Report/4922

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Revenues Run Ahead of Broader Economy State ’s Job Market and Consumer Spending Remain Lackluster … California ’s economy has been in an extended slowdown for the better part of two years, characterized by a soft labor market and weak consumer spending.
https://lao.ca.gov/Publications/Report/4939

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The Clean Energy Transmission Program was a part of the Climate Catalyst Revolving Loan Fund and was designed to provide financing for projects involving the construction of infrastructure for clean energy transmission.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The Clean Energy Transmission Program was a part of the Climate Catalyst Revolving Loan Fund and was designed to provide financing for projects involving the construction of infrastructure for clean energy transmission.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Amid these conditions, California businesses have pared back hiring, resulting in no payroll job growth in the state so far this year. California consumers similarly are limiting spending, with sales of taxable goods flat over the last year.
https://lao.ca.gov/Publications/Report/5091

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - It also includes Chapter  58 of 2023 (S B  146 , Gonzalez), which authorizes the use of two project delivery methods —progressive design ‑build and job order contracting —under certain circumstances.
https://lao.ca.gov/Publications/Report/4788

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - In order to help address the General Fund shortfall, the budget package also reverted $25  million in one-time monies that had been provided in 2022-23 to support an extended Youth Job Corps summer program.
https://lao.ca.gov/Publications/Report/4814

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

Jan 12, 2026 - This difference provides one‑time savings, giving the state more budget capacity, but if revenues meet expectations for 2025‑26 would eventually require the state to “settle up.” Because the administration does not account for this payment, it would add to a future deficit.
https://lao.ca.gov/Publications/Report/5101

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - Any additional resources that materialize at that time should be viewed as a one-time windfall. Despite Revenue Strength, Budget Relies on Reserves and Borrowing. This revenue upgrade comes in addition to already strong revenue growth forecasted in the Governor ’s budget.
https://lao.ca.gov/Publications/Report/5133

The 2026-27 Budget: How to Use One-Time Revenue Improvements [Publication Details]

Feb 20, 2026 - The 2026-27 Budget: How to Use One-Time Revenue Improvements [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5133