The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Overall, most programs increase employment and earnings among participants while receiving a subsidy. However, the ultimate goal is to improve long-term employment prospects of these workers. Research suggests that it is less common that programs lead to h igher employment or earnings after the subsidy ends.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Money Transmitters Program. Regulates, supervises, and examines businesses that receive money for transmission and sell or issue payment instruments and stored value. (These can include businesses that issue money orders and traveler ’s checks, as well as those that offer digital payments, such as PayPal and Stripe.)
https://lao.ca.gov/Publications/Report/5025

The 2025-26 Budget: Department of Financial Protection and Innovation [Publication Details]

Apr 3, 2025 - In this post, we assess administration-proposed trailer bill language that would increase certain fees charged by the Department of Financial Protection and Innovation and make recommendations to help ensure the department has the resources it needs to meet its oversight and regulatory mission.
https://lao.ca.gov/Publications/Detail/5025

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Flexible Cash Assistance for Survivors of Crime Grant Program Reversion. To help address the fiscal difficulties facing the state, the budget reverts $50  million General Fund from the Flexible Cash Assistance for Survivors of Crime pilot program.
https://lao.ca.gov/Publications/Report/5081/

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - BCG is expected to develop and pilot an analytical model that could save money in Medi-Cal by detecting pre-payment fraud, reducing improper claims, and flagging areas of possible waste and abuse. Workstream 5: DHCS —Hospital Financing.
https://lao.ca.gov/Publications/Report/5156

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - As the figure shows, most of the discretionary increases are to finance some capital outlay projects with cash instead of lease revenue bonds. This increases the size of the budget  problem. $800   Million in Other Differences.
https://lao.ca.gov/Publications/Report/4662

The 2024-25 Budget: Proposed Reductions to State Operations

May 21, 2024 - Money is fungible, if the Legislature were to approve both the unallocated reductions and the proposed budget augmentations to fund new activities, what assurances can the administration provide that the newly approved funding and position authority would be used to implement the new activities and not, instead, used to backfill reductions established through the administrative exercises?
https://lao.ca.gov/Publications/Report/4903

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor ’s budget proposes a one ‑time $600 tax refund to taxpayers who received the California Earned Income Tax Credit (EITC) for 2019 and taxpayers using an Individual Taxpayer Identification Number (ITIN) who will receive the EITC for 2020.
https://lao.ca.gov/Publications/Report/4309

The 2025-26 Budget: Governor’s Office of Service and Community Engagement

Mar 11, 2025 - Students with less financial need could earn a $3,000 education award but not the $7,000 living stipend. Assessment Some Evidence Suggests College Corps Is Meeting Its Objectives. According to California Volunteers, College Corps has three primary objectives: (1)  help low- to moderate-income students graduate college on time with less debt, (2)  create a generation of
https://lao.ca.gov/Publications/Report/5015