The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - While our revenue forecast is designed to balance the risk of over- and underestimation, history shows that actual revenues can vary from our median projection by billions or even tens of billions of dollars over a multiyear period.
https://lao.ca.gov/Publications/Report/5052

The 2026-27 Budget: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - In reality, the amount of such bonds (and thus 4  percent tax credits) needed for HDFC projects will be dependent on several factors —some which cannot be anticipated at this time —and could vary widely.
https://lao.ca.gov/Publications/Report/5154

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - However, none of these, even all together, would indefinitely forestall the long ‑term reality of the state ’s constitutional constraints. The reality is that state tax revenues are growing faster than the limit and the size of state government has reached the limit set by voters in the 1970s.
https://lao.ca.gov/Publications/Report/4583

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

Feb 24, 2026 - Given this fiscal reality, we expect that the Legislature will need to make very difficult budget decisions in the years to come. Governor’s Proposal Proposes $200   Million and Budget Trailer Legislation to Create New ZEV Incentive Program.
https://lao.ca.gov/Publications/Report/5140

The 2024-25 Budget: Proposed Reductions to State Operations

May 21, 2024 - While this proposal may help the state reach a balanced budget “on paper, ” in reality, the unrealized savings would flow into the 2025-26 budget process and add to any fiscal challenges the Legislature is facing that year.
https://lao.ca.gov/Publications/Report/4903

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Figure  3 shows how credits have been allocated across sectors over the last five years. Of the $1.2  billion in awards made between 2021 and 2025, around $650  million, or over half, has been allocated to businesses in advanced manufacturing.
https://lao.ca.gov/Publications/Report/5162

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - Figure 1 below shows the statewide number of new car registrations from January 2018 through February 2026. This is a good proxy for the number of cars purchased by California residents. Slump in Registrations Continued Through February.
https://lao.ca.gov/LAOEconTax/Article/Detail/855

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - Figure 1 below shows the statewide number of new car registrations from January 2018 through February 2026. This is a good proxy for the number of cars purchased by California residents. Slump in Registrations Continued Through February.
https://lao.ca.gov/LAOEconTax/article/Detail/855

Preliminary Assessment of Significant Changes to State's Technology Project Approval and Oversight Processes

Apr 29, 2025 - This time line would be more reasonable than the administration ’s plan for a full launch of the PDL process this July, giving both the administration and the Legislature additional time to adjust their own processes (including the annual budget process) to the new realities of GenAI technology.
https://lao.ca.gov/Publications/Report/5034

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - Figure 1 below shows the statewide number of new car registrations from January 2018 through January 2026. This is a good proxy for the number of cars purchased by California residents. Slump in Registrations Continued Through January.
https://lao.ca.gov/LAOEconTax/Article/Detail/853