Rethinking California's Reserve Policy

Apr 10, 2025 - Some scenarios are unfavorable ones, while others are more favorable (see Figure  2 ). In an unfavorable scenario, for example, the state could face a series of more moderately sized recessions in close proximity to one another.
https://lao.ca.gov/Publications/Report/5028

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - This year, for example, our outlook reflects our best estimates of the effects of H.R. 1: One Big Beautiful Bill Act on the state budget but does not make assumptions about future federal policy changes.
https://lao.ca.gov/Publications/Report/5091

Rethinking California's Reserve Policy [Publication Details]

Apr 10, 2025 - Reserves allow the state to ensure stable funding for its services over time, even when revenue fluctuates unpredictably. Over the last few years, the state has indeed experienced significant fluctuations—large surpluses followed by significant deficits. This volatility has prompted interest in changes to the state’s reserve policy.
https://lao.ca.gov/Publications/Detail/5028

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 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - In addition to this report, we will release a series of issue ‑specific, online posts that give more detail on the major actions in the budget package. The Budget Problem For the third year in a row, the state faced a budget problem, or deficit.
https://lao.ca.gov/Publications/Report/5079

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - Chapter 45 of 2023 (AB 127, Committee on Budget) also requires CDT to update the middle-mile network map on its website within 60 days of any contract to build or lease middle-mile broadband infrastructure.
https://lao.ca.gov/Publications/Report/4814

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Assembly Bill 107 requires CPUC, no later than 30 days after NTIA authorizes the award of BEAD program funds, to notify legislative staff of any award conditions placed on the funds by the NTIA, and of any NTIA-required modifications to state-administered BEAD program processes.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Assembly Bill 107 requires CPUC, no later than 30 days after NTIA authorizes the award of BEAD program funds, to notify legislative staff of any award conditions placed on the funds by the NTIA, and of any NTIA-required modifications to state-administered BEAD program processes.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2025-26 Budget: California Spending Plan Series [Publication Details]

Oct 16, 2025 - The 2025-26 Budget: California Spending Plan Series [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/5105

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - Chapter 45 of 2022 (AB 178, Ting) includes budget bill language that requires a 45-day written notification period for the Joint Legislative Budget Committee once the project is approved through CDT’s PAL process.
https://lao.ca.gov/Publications/Report/4626