The 2025-26 Budget: SB 678 County Probation Grant Program

Apr 11, 2025 - This is particularly problematic since the program would no longer be structured in a way to ensure it generates net state savings. Minimum Guarantee Disconnects Actual State Savings From Performance.
https://lao.ca.gov/Publications/Report/5031

Rethinking California's Reserve Policy

Apr 10, 2025 - For example, in 2018 ‑19, the Legislature created the Budget Deficit Savings Account —which was used to temporarily hold a $2.6  billion optional deposit into the BSA —and the Safety Net Reserve —a reserve specifically dedicated to CalWORKs and Medi ‑Cal.
https://lao.ca.gov/Publications/Report/5028

The 2025-26 Budget: Medi-Cal Pharmacy Spending

Apr 3, 2025 - Net Spending on Drugs Driven by Two Key Components. Medi ‑Cal pharmacy spending generally consists of two key components: Gross Payment for Drugs and Pharmacy Services. First, the state pays pharmacies for delivering drugs to patients.
https://lao.ca.gov/Publications/Report/5026

The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - In this case, the net effect on revenue would be unclear. If the cause of the drop in the number of applications was due to factors outside of DRE control —such as real estate market or economic conditions resulting in fewer people working in real estate —then the revenue generated by additional increases in fees may not meet expectations either.
https://lao.ca.gov/Publications/Report/5019

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - First, some firms lack tax liability in California due to ongoing and substantial use of other tax deductions and credits, most commonly the Research & Development Tax Credit and the Net Operating Loss deduction.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 Budget: College of the Law, San Francisco

Mar 10, 2025 - Taken together, CLSF would see a net General Fund base increase of $507,000 (2.2  percent). Whereas state support for CLSF would increase, the 2025 ‑26 budget plan for the University of California (UC) and California State University (CSU) includes reductions in state support.
https://lao.ca.gov/Publications/Report/5014

The 2025-26 Budget: Understanding Recent Increases in the Medi-Cal Senior Caseload

Mar 6, 2025 - Net Effects of Continuous Coverage, Unwinding, and Unwinding Flexibilities Account for Up to Remaining 60,000 of Increase in Senior Caseload. Subtracting the at least 165,000  increase in the senior caseload due to eligibility changes from the 225,000 total seniors due to policy changes leaves up to 60,000  seniors.
https://lao.ca.gov/Publications/Report/5010

The 2025-26 Budget: California Community Colleges

Mar 5, 2025 - Although the state has limited budget capacity to expand programs such as the Rising Scholars Network, it has other options to improve support for incarcerated students without incurring additional net costs.
https://lao.ca.gov/Publications/Report/5005

The 2025-26 Budget: University of California

Feb 27, 2025 - In 2024 ‑25, UC estimates it is generating $191  million in additional net tuition revenue (from its tuition and enrollment increases combined, after accounting for financial aid earmarks). Whereas previous tuition increases generally were precipitated by reductions in state General Fund support, UC ’s new policy was largely driven by a desire to expand its overall budget capacity.
https://lao.ca.gov/Publications/Report/4998

The 2025-26 Budget: MCO Tax and Proposition 35

Feb 26, 2025 - For example, were the MCO tax to generate about as much net revenue in 2027 as it does today, we estimate only around one-third of the net revenue (rather than more than half under the Governor ’s budget) would be available for the General Fund offset.
https://lao.ca.gov/Publications/Report/4992