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

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951

The 2020-21 Budget: Addressing Revenue Uncertainty in the 2020-21 Cap-and-Trade Expenditure Plan

Jun 4, 2020 - On the other hand, programs that allocate money to projects through one-time grants might be able to more easily scale their programs to different funding levels. How Much Funding Can a Program Spend in the Next Year?
https://lao.ca.gov/Publications/Report/4250

A Framework for Evaluating State-Level Green Stimulus Proposals

Jan 5, 2021 - For example, spending a greater share of the General Fund budget on environmental projects means less money is available for other state priorities, such as education, health care, or adding to reserves.
https://lao.ca.gov/Publications/Report/4308

The 2025-26 Budget: Natural Resources and Agriculture Discretionary Spending Proposals

Feb 18, 2025 - As a result, every dollar of new spending essentially requires making offsetting reductions elsewhere in the 2025 ‑26 budget or foregoing the opportunity to leave money in state reserves to prepare for future budget challenges.
https://lao.ca.gov/Publications/Report/4967

The 2025-26 Budget: Various California Air Resources Board Proposals

Feb 24, 2025 - Also, while the annual budget process would give the Legislature an opportunity to appropriate the money raised by the proposed new fees, that also would not serve as an adequate substitute for legislative approval of the specific fees—by the time the department requests that the Legislature appropriate the revenue, CARB could already have set and levied the fees.
https://lao.ca.gov/Publications/Report/4980

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

May 17, 2021 - Major Spending Choices Figure  2 displays the major budgetary decisions that the Governor made in allocating state and federal money, totaling $85  billion. It includes (1)  the General Fund surplus, (2)  school and community college spending, (3)  the American Rescue Plan (ARP) fiscal relief funds, and (4)  ARP capital projects funds.
https://lao.ca.gov/Publications/Report/4432

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - Typically, the first step that rate ‑setting entities take is to determine the amount of money the utility should be allowed to recover through rates to support the main components of the electricity system and other activities.
https://lao.ca.gov/Publications/Report/4950

Frequently Asked Questions About Wildfires in California

Jan 28, 2025 - In addition to spending its own money, the state requires electric utilities to dedicate funding from their ratepayers to undertake activities intended to reduce the risks of utility-sparked wildfires.
https://lao.ca.gov/Publications/Report/4952

The 2022-23 Budget: Cap-and-Trade Expenditure Plan

Jan 25, 2022 - Under our lower revenue scenario where allowance prices drop to the floor, the Legislature would collect enough revenue to allocate $1.4  billion to discretionary  programs, but leave very little money in the reserve.
https://lao.ca.gov/Publications/Report/4496

The 2024-25 California Spending Plan: Resources and Environmental Protection

Sep 12, 2024 - Budget language requires that these loans be repaid with interest, as well as that each loan be repaid early if the originating fund needs the money to support existing activities. In addition, the budget delays the final payment on loan that was made in 2020 ‑21 from the Underground Storage Tank Cleanup Fund to the General Fund.
https://lao.ca.gov/Publications/Report/4928