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

Apr 3, 2025 - The department also educates consumers on how to avoid scams, investigates suspected fraud, and (in certain instances) takes legal action to collect restitution for lost money. The revised 2024-25 budget provides DFPI with $177  million —almost exclusively from four special funds, which themselves are largely funded by revenue from regulatory fees, licenses, and permits —and 878.3 positions.
https://lao.ca.gov/Publications/Report/5025

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - Efficiency allows government to better allocate limited resources (for example, taxpayer dollars, personnel, or time) to deliver services to the public. As such, identifying ways for state programs to operate more efficiently should be a goal of regular internal administrative review and legislative oversight.
https://lao.ca.gov/Publications/Report/5156

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 [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 2024-25 Budget: Proposed Reductions to State Operations

May 21, 2024 - The proposed control section did not identify a dollar amount for the reduction. Instead, the language indicated that “each item of appropriation” in the budget except the university systems, the Legislature, and the Judicial Branch “shall be adjusted, as appropriate, to achieve savings associated with vacant positions.”
https://lao.ca.gov/Publications/Report/4903

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - How Much State Funding Goes to DVBEs? The state awarded $743  million across 20,838  contracts to DVBEs in 2023 ‑ 24 —or 4.6  percent of the $16  billion total reported contract dollars in that year.
https://lao.ca.gov/Publications/Report/5095

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

Mar 11, 2025 - As a result, every dollar of new spending essentially requires making offsetting reductions elsewhere in the budget. Additiona lly, the budget faces a number of notable risks and  uncertainties —including  related to forecasted revenues, federal funding levels, and fire recovery  costs —that  could lead to the General Fund condition worsening over the coming months.
https://lao.ca.gov/Publications/Report/5015

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

Mental Health Services Act: Proposed Bond to Fund Behavioral Health Facilities and Veterans Housing

Aug 17, 2023 - How Bonds Work. Bonds are a way that the state (as well as local governments and private companies) borrows money. The state sells bonds to investors to receive “up-front ” funding for projects and then repays investors, with interest, over a period of time.
https://lao.ca.gov/Publications/Report/4790

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Firms earning over 50  percent of their total income from a list of “qualified business activities ” (QBA) are subject to a different apportionment method that includes the location of their sales, payroll, and property.
https://lao.ca.gov/Publications/Report/5081