The 2025-26 California Spending Plan: Proposition 4

Oct 16, 2025 - Figure 2 Budget Package Approves New Positions to Implement Proposition 4 Department
https://lao.ca.gov/Publications/Report/5076

The 2025-26 California Spending Plan: Proposition 4 [Publication Details]

Oct 16, 2025 - The 2025-26 California Spending Plan: Proposition 4 [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5076

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - The 2026-27 Budget: Proposition 4 Spending Plan Summary Governor ’s Budget Proposes $2.1  Billion in Proposition  4 Bond Funding in 2026 ‑27. The Governor ’s budget proposes appropriating $2.1  billion (about 21  percent of the total authorized by Proposition  4) in 2026 ‑27.
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: Proposition 4 Spending Plan [Publication Details]

Feb 10, 2026 - The 2026-27 Budget: Proposition 4 Spending Plan [Publication Details] Description: This publication assesses the Governor’s proposed 2026-27 spending plan for Proposition 4, the $10 billion climate bond approved by voters in November 2024.
https://lao.ca.gov/Publications/Detail/5115

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - If the General Fund is not projected to be in a deficit in 2026-27, GGRF would only cover $500  million for CalFire in that year. Additionally, as noted in Figure  4, the budget package uses Proposition  4 to help offset the impacts of some General Fund reductions.
https://lao.ca.gov/Publications/Report/5080

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - While this funding has now mostly been allocated to grantees, Proposition  4 —the 2024 climate bond —also assigned LCI and SGC responsibilities for administering bond funding for a number of similar climate programs.
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - Second, the 2025 ‑26 amounts similarly include notably more one ‑time bond funds —reflecting $1.3  billion more in total appropriated from Proposition  4 (2024) as compared to what is proposed in 2026 ‑27, as well as funds carried over from other bonds (such as Proposition  68 [2018]) from appropriations made in prior years.
https://lao.ca.gov/Publications/Report/5116

Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - In recent years, GGRF has also received about $600  million annually in interest income, which would bring the GGRF balance to a total of about $4  billion under this scenario. This revenue level would be insufficient to fully fund the $4.3  billion in statutory allocations under SB  840, let alone the additional $1.5  billion for activities specified in legislative intent discussed above.
https://lao.ca.gov/Publications/Report/5096

The 2026-27 Budget: Cap-and-Invest Expenditure Plan [Publication Details]

Feb 10, 2026 - The 2026-27 Budget: Cap-and-Invest Expenditure Plan [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5114

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - This includes $20 million for the Transit and Intercity Rail Capital Program planned for 2026‑27, and $230 million in 2026‑27 and $460 million in 2027‑28 for the Zero Emission Transit Capital Program.
https://lao.ca.gov/Publications/Report/5114