The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - On May 14, 2024, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on the overall condition and structure of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Report/4902/1

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - On May 14, 2024, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on the overall condition and structure of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Report/4902/2

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - The state meets this requirement through a combination of General Fund spending and local property tax revenue. When General Fund revenue declines, the minimum requirement usually declines in tandem.
https://lao.ca.gov/Publications/Report/4902

The 2021-22 Budget: Multiyear Budget Outlook

May 23, 2021 - The 2021-22 Budget: Multiyear Budget Outlook The 2021-22 Budget Multiyear Budget Outlook This report presents our office ’s independent assessment of the condition of the state General Fund budget through 2024 ‑25 assuming the economy continues to grow.
https://lao.ca.gov/Publications/Report/4437

The 2023-24 Budget: Child Care Proposals

Feb 9, 2023 - To the extent other one ‑time federal relief funds are being used as a backfill, these funds would need to be swapped out with ongoing General Fund in 2024 ‑25. This would increase future General Fund costs by several hundreds of millions of dollars, which the administration says is included in their multiyear budget.
https://lao.ca.gov/Publications/Report/4672

The 2025-26 Budget: California Military Department—STARBASE Classroom Building

Feb 20, 2025 - The total cost of the project has been revised from $1.7  million to $6.3  million General Fund, which includes preliminary plans ($68,000), working drawings ($787,000), and construction ($5,468,000).
https://lao.ca.gov/Publications/Report/4976

The 2022-23 Budget: Monitoring Correctional System Staff Misconduct Investigations

Feb 9, 2022 - The Governor ’s budget provides $35.6  million General Fund in 2022 ‑23 (increasing to $37  million in 2023 ‑24, and generally decreasing to $34.2  million annually in 2026 ‑27) for CDCR to align its process for handling staff misconduct allegations with the emergency regulations filed on December 28, 2021.
https://lao.ca.gov/Publications/Report/4520

The 2026-27 Budget: Child Care and State Preschool [Publication Details]

Mar 19, 2026 - In this brief, we assess the Governor’s 2026-27 proposals for child care and State Preschool and provide associated recommendations.
https://lao.ca.gov/Publications/Detail/5168

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - State Preschool programs are funded entirely with $2.9  billion in General Fund (including $1.9  billion in Proposition  98 General Fund). State Preschool programs offered by LEAs —school districts, county offices of education, community college districts, and certain charter schools —are funded with Proposition  98 General Fund.
https://lao.ca.gov/Publications/Report/5168

The 2023-24 Budget: Governor’s Proposals for the Department of General Services

Mar 1, 2023 - We therefore think the Legislature likely will want to apply a higher bar to its review of new General Fund spending proposals such as this proposal than it might in a year in which the General Fund had more capacity to support new commitments.
https://lao.ca.gov/Publications/Report/4724