The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091

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 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - Enhanced Federal Match for Home ‑ and Community ‑Based Services (HCBS). The ARP also included a temporary enhanced federal match rate for HCBS funded through the Medicaid program, which reduces the state ’s share of base program costs for these services by $3 billion.
https://lao.ca.gov/Publications/Report/4472

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - Although caseloads under the Governor’s budget are higher than anticipated in June, economic conditions likely do not yet match what the Legislature envisioned when it created the reserve. Moreover, the administration proposes ongoing reductions to CalWORKs despite withdrawing these reserves.
https://lao.ca.gov/Publications/Report/4825

The 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - (In this figure and throughout the report, some of the estimates cited here for the Governor ’s budget might not match estimates provided in our Overview of the Governor ’s Budget , published in January.
https://lao.ca.gov/Publications/Report/4769

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - Specifically, we modeled these variables (with transformations applied in some cases) using a multivariate normal distribution, with standard deviations and covariances set to match historical levels over the last 40 years.
https://lao.ca.gov/Publications/Report/4583

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - Assume Enhanced Federal Match for Medicaid Ends Midway Through 2022 ‑23. Medicaid is an entitlement program whose costs generally are shared between the federal government and states. In 2020, Congress approved a temporary 6.2  percentage point increase in the federal government ’s share of cost for most state Medicaid programs.
https://lao.ca.gov/Publications/Report/4646

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

Jan 10, 2021 - First, the Legislature may wish to consider whether counties have the capacity to increase their funding for behavioral health to meet the Behavioral Health Continuum grant proposal ’s match requirement without reducing existing services.
https://lao.ca.gov/Publications/Report/4309

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - The budget package also removes the cap preventing a grantee from receiving more than 30  percent of the program ’s total grants if the grant will be used as a state match to apply for federal incentives for semiconductor research and manufacturing.
https://lao.ca.gov/Publications/Report/4814