California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - These and other indicators are at levels previously only seen at times when the market was approaching a peak before entering a period of retrenchment. Despite our view that there is a strong possibility of a market downturn, however, our revenue forecast does not assume one will occur.
https://lao.ca.gov/Publications/Report/5104

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

Jan 13, 2025 - These include funds for water recycling, wildfire prevention activities at state parks, and dam safety activities. The proposal would then provide a like amount of funding from Proposition  4, the climate bond approved by voters in November 2024.
https://lao.ca.gov/Publications/Report/4951

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 7 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Resources and Environment General Fund (In Millions) Emergency surge (helitanker contract component) $45 Clean Energy Reliability Investment Plan (SB 846) 100 Diablo Canyon land use planning — Coastal resilience SB 1 implementation 55 Clean Cars 4 All and other equity (ZEV
https://lao.ca.gov/Publications/Report/4788/4

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The state solved a $27  billion deficit in 2023 ‑24, a $55  billion deficit in 2024 ‑25, and a $15  billion deficit in 2025 ‑26 (in addition to roughly $28  billion in proactive budget ‑balancing actions taken the year before).
https://lao.ca.gov/Publications/Report/5091

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

Jan 13, 2024 - The 2024-25 Budget: Overview of the Governor's Budget $3,135 $4,677 BCH = Secretary for Business, Consumer Services, and Housing Agency; HHAPP = Homeless Housing, Assistance, and Prevention Program; FHC = Family Homelessness Challenge Grants; BSCC  =  Board of State and Community Corrections; CalFire = California Department of Forestry and Fire Protection; CalRecycle = California Department of
https://lao.ca.gov/Publications/Report/4825/1

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - As described in our companion report, The 2024-25 California Spending Plan: Resources and Environmental Protection, the spending plan made a few changes to CDFA ’s funding included and planned for in recent budgets through the sustainable agriculture and water and drought resilience packages.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - As described in our companion report, The 2024-25 California Spending Plan: Resources and Environmental Protection, the spending plan made a few changes to CDFA ’s funding included and planned for in recent budgets through the sustainable agriculture and water and drought resilience packages.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - Qualifying types of projects include: State Water Project projects, regional or local water agency infrastructure, certain transportation-related projects like wildlife crossings, and wind a nd solar photovoltaic projects.
https://lao.ca.gov/Publications/Report/4814

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

May 15, 2023 - CARB = California Air Resources Board; BHC= Baldwin Hills Conservancy; CalRecycle = California Department of Resources, Recycling and Recovery; CalFire = California Department of Forestry and Fire Protection; CCC = California Conservation Corps; CNRA = California Natural Resources Agency; CPUC = California Public Utilities Commission; CVC = Coachella Valley Conservancy; DFW = D epartment of Fish
https://lao.ca.gov/Publications/Report/4769/1

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Resources and Environment: Discretionary Spending Proposals in the 2021 ‑11 Budget Package General Fund (In Millions) Environmental justice initiative (Climate resilience package) — Emergency response and preparedness: fire crews — Various wildfire resilience programs (Wildfire resilience package) — Waste reduction and recycling programs (Circular economic package) — Clean vehicle incentive
https://lao.ca.gov/Publications/Report/4448/1