The 2025-26 Budget: Cap-and-Trade Expenditure Plan

Feb 12, 2025 - If Revenue Trends Continue at Modest Decline, Planned Current ‑Year Expenditures Likely Still Feasible … Two auctions remain in the 2024 ‑25 fiscal year —February and May. We estimate that even if allowance prices continue to trail the 2024 ‑25 Budget Act ’s assumptions, if they remain at
https://lao.ca.gov/Publications/Report/4960

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Savings Proposals Generates $1.6 Billion School and Community College Settle‑Up Obligation in 2024‑25. The Governor’s budget proposes providing $1.6 billion less in total funding for schools and community colleges than the estimated constitutional minimum funding level for 2024‑25.
https://lao.ca.gov/Publications/Report/4951

The 2024-25 California Spending Plan: Resources and Environmental Protection

Sep 12, 2024 - As discussed below, many departments continue to receive some one-time funding augmentations in 2024 ‑25, but at notably lower aggregate levels. Despite the year-to-year decline in funding, the 2024 ‑25 totals exceed the historical levels of funding that these agencies received prior to the state experiencing General Fund surpluses in recent years.
https://lao.ca.gov/Publications/Report/4928

The 2024-25 Budget: Cap-and-Trade Expenditure Plan

Feb 20, 2024 - DOF ’s new approach uses an average of actual allowance prices from auctions that occurred in the previous calendar year. For 2024 ‑25, this new approach has resulted in the administration basing its spending plan on higher estimates compared to its previous practice.
https://lao.ca.gov/Publications/Report/4847

The 2024-25 California Spending Plan: Resources and Environmental Protection [Publication Details]

Sep 12, 2024 - As discussed in this post, many departments continue to receive some one-time funding augmentations in 2024‑25, but at notably lower aggregate levels. Despite the year-to-year decline in funding, the 2024‑25 totals exceed the historical levels of funding that these agencies received prior to the state experiencing General Fund surpluses in recent years.
https://lao.ca.gov/Publications/Detail/4928

Frequently Asked Questions About Wildfires in California

Jan 28, 2025 - As of the 2024-25 fiscal year, the state has already appropriated $2.7  billion, with an additional cumulative $900  million planned to be provided in forthcoming annual state budgets through 2028-29.
https://lao.ca.gov/Publications/Report/4952

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

Feb 18, 2025 - The 2024 ‑25 budget included another allotment of $6.5  million General Fund to extend the program for one additional year. California Also Offers Other Free Parks Passes. In addition to the Library Pass Program, the state supports several other free parks pass programs with varying eligibility criteria.
https://lao.ca.gov/Publications/Report/4967

The 2024-25 Budget: Insolvency Risks for Environmental and Transportation Special Funds

Feb 27, 2024 - Insolvency Projected in 2024‑25 HWCA Projected to Be Insolvent in the Budget Year. As shown in Figure  2 , HWCA has experienced a longstanding structural deficit between its ongoing revenues and expenditures.
https://lao.ca.gov/Publications/Report/4858

The 2023-24 California Spending Plan: Resources and Environmental Protection

Oct 16, 2023 - The budget package delays a total of $450  million in General Fund spending until 2024 ‑25: (1) $200  million from 2021 ‑22 to 2024 ‑25 for drinking water and wastewater projects at the State Water Resources Control Board (SWRCB), and (2) $250  million that was originally planned in 2022 ‑23 and 2023 ‑24 until
https://lao.ca.gov/Publications/Report/4807

The 2025-26 Budget: Various California Air Resources Board Proposals

Feb 24, 2025 - This represents a net reduction of $240   million —or 17   percent —compared to CARB ’s estimated expenditure level in 2024 ‑25. This year ‑to ‑year decline is largely the result of a significant accumulation of unspent one ‑time funding from prior years that is included in the 2024 ‑25 amount.
https://lao.ca.gov/Publications/Report/4980