A Framework for Evaluating State-Level Green Stimulus Proposals

Jan 5, 2021 - Most state bonds approved by voters have not exceeded several billion dollars, and the largest bond approved in the last few decades was a $ 20  b illion transportation bond (Proposition  1B of 2006).
https://lao.ca.gov/Publications/Report/4308

The 2025-26 Budget: Natural Resources and Agriculture Discretionary Spending Proposals

Feb 18, 2025 - As a result, every dollar of new spending essentially requires making offsetting reductions elsewhere in the 2025 ‑26 budget or foregoing the opportunity to leave money in state reserves to prepare for future budget challenges.
https://lao.ca.gov/Publications/Report/4967

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Given the continued uncertainty around cap ‑and ‑invest revenues, we recommend the Legislature closely monitor upcoming quarterly auctions —in February  and May 2026 —to assess how revenues are materializing.
https://lao.ca.gov/Publications/Report/5114

The 2023-24 Budget: Cap-and-Trade Expenditure Plan and Greenhouse Gas Reduction Fund Revenue Estimates

Mar 2, 2023 - How Much Funding Remains in the GGRF Fund Balance? As described above, the administration is still refining its estimates for what balance would remain in the GGRF at the end of 2023-24 under the Governor ’s proposal.
https://lao.ca.gov/Publications/Report/4730

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - Step 3: Determine How to Structure Residential Rates. The third step generally includes determining how to structure the rates for residential customers to generate the required revenues. This includes determining how much of the money should be generated from fixed charges versus from volumetric charges.
https://lao.ca.gov/Publications/Report/4950

The 2022-23 Budget: Cap-and-Trade Expenditure Plan

Jan 25, 2022 - Under our lower revenue scenario where allowance prices drop to the floor, the Legislature would collect enough revenue to allocate $1.4  billion to discretionary  programs, but leave very little money in the reserve.
https://lao.ca.gov/Publications/Report/4496

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - Absent such additional direction, the Legislature will largely be deferring to CPUC to make decisions about how to allocate this funding —which could total in the tens of billions of dollars over the next twenty years —to utility customers.
https://lao.ca.gov/Publications/Report/5120

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - (ZEVs typically cost several thousand dollars more to purchase than conventional vehicles). While the proposal attempts to magnify the potential effect of incentives by requiring manufacturers to provide a dollar ‑for ‑dollar match, the incentive amount likely still would be relatively small.
https://lao.ca.gov/Publications/Report/5140

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - This relatively small number obscures many billions of dollars in budgetary changes. For example, relative to the Governor ’s budget, the Legislature enacted about $6.4  billion in spending increases and revenue reductions through early action.
https://lao.ca.gov/Publications/Report/4432

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