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

Jan 13, 2025 - These total roughly $700  million. Finally, the Governor sets the balance of the Special Fund for Economic Uncertainties to $4.5   billion —somewhat higher than the level enacted by recent budgets. Revenue Estimates Reasonable, but Risks Must Be Kept in Focus.
https://lao.ca.gov/Publications/Report/4951

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Using Surplus, Governor Repays $700  Million in Loans and Proposes SFEU Balance of $3.4  Billion. In addition to fulfilling the constitutional requirements, the Governor dedicates about $700  million in discretionary resources to repay special fund loans and sets the balance of the SFEU at $3.4  billion for the end of 2021 ‑22.
https://lao.ca.gov/Publications/Report/4432