The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - That said, recent budgets have set the SFEU bet ween $3.5  billion and $4.5  billion, so the Governor ’s budget proposal to set the balance to $4.5  billion is generally in line with recent policy.
https://lao.ca.gov/Publications/Report/5101

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Current stock prices relative to companies ’ past earnings (a common measure of how “expensive ” stocks are) are at levels rivaled only by the transitory booms of 1999 and 2021. Furthermore, a single company (Nvidia) accounts for about one ‑third of the total gains in the S &P 500 stock index over the last year.
https://lao.ca.gov/Publications/Report/4939

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - SAL = state appropriations limit; CAC = California Arts Council; CSSSA = California State Summer School for the Arts; CDE = California Department of Education; CDFA = California Department of Food and Agriculture; CSL = California State Library; CTC = Commission on Teacher Credentialing; DCA = Department of Consumer Affairs; DCC = Department of Cannabis Control; DFPI = Departm ent of Financial
https://lao.ca.gov/Publications/Report/4616/1

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

Oct 27, 2021 - The 2021-22 Budget: Overview of the Spending Plan (Final Version) Overview of the Spending Plan (Final Version) Appendix: Discretionary Spending Proposals Criminal Justice: Discretionary Spending Proposals in the 2021 ‑22 Budget Package General Fund (In Millions) Augmentation to California Violence Intervention and Prevention Program ­ — One ‑Time Augmentation to Adult Reentry Grant — Funding for
https://lao.ca.gov/Publications/Report/4448/1

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Employee and Employer Contributions to “Normal Cost. ” The normal cost is the amount actuaries determine must be contributed to the system in a given year to fund the benefit earned by state employees in that year.
https://lao.ca.gov/Publications/Report/4887

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - The budget expands the state ’s existing Young Child Tax Credit (YCTC) to families with no earnings. Previously, the YCTC provided an additional $1,000 refundable tax credit to most families who qualify for the state ’s Earned Income Tax Credit (or CalEITC) who also have children under the age of 6.
https://lao.ca.gov/Publications/Report/4626

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - (The legislation defines GenAI as “artificial intelligence that can generate derived synthetic content, such as text, images, video, and audio, that emulates the structure and characteristics of the artificial intelligence’s training data.”)
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - (The legislation defines GenAI as “artificial intelligence that can generate derived synthetic content, such as text, images, video, and audio, that emulates the structure and characteristics of the artificial intelligence’s training data.”)
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2022-23 Budget: Initial Comments on the State Appropriations Limit Proposal

Feb 4, 2022 - There are many options for tax reductions, including: broad ‑based rebates, targeted rebates, and expansions of tax credits and programs like the Earned Income Tax Credit. Compared to waiting to address excess revenues, this option would afford the state more flexibility in designing the reductions.
https://lao.ca.gov/Publications/Report/4515