The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - The budget defers University of California (UC) and California State University (CSU) payments that otherwise would have been made in May to June or July. By shifting payments to the next fiscal year, these deferrals create one‑time savings in 2025‑26.
https://lao.ca.gov/Publications/Report/5079

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Finally, although we have not previously recommended the Leg islature take decisive action to address the structural deficits, the state ’s persistent fiscal imbalance and the added downside risks —particularly from potential federal actions —suggest a need for a more proactive approach.
https://lao.ca.gov/Publications/Report/5044

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The added risk variable weighs on the range of revenue outcomes that we view as most plausible. The middle of the range, which becomes our main revenue forecast, is thus lower than if we did not include the stock market risk indicator.
https://lao.ca.gov/Publications/Report/5104

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - This UC EdBudget table and this CSU EdBudget table (both online) show all base increases, decreases, and deferrals under the budget agreement. State Sets Enrollment Growth Expectations for UC and CSU.
https://lao.ca.gov/Publications/Report/4922

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

Oct 16, 2023 - State Sets Resident Undergraduate Enrollment Targets for UC and CSU. The state expects both UC and CSU to enroll more resident undergraduate students in 2023 ‑24. Specifically, UC is to increase resident undergraduate enrollment by 7,800 full ‑time equivalent (FTE) students (4  percent) over its 2021 ‑22 level.
https://lao.ca.gov/Publications/Report/4788

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

Oct 27, 2021 - Drew University medical education buildings — Agriculture and Natural Resources division — UC San Diego Hillcrest Medical Center — UC Riverside School of Medicine operations — Student Academic Preparation and Educational Partnerships — UC Davis Institute for Regenerative Cures — California Institutes for Science and
https://lao.ca.gov/Publications/Report/4448/1

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - UC has through 2023 ‑24 to enroll these additional 4,730  FTE students. The budget also indicates that UC is to grow by a further 1  percent in 2023 ‑24, with this additional growth funded from an unrestricted General Fund base augmentation to be provided that year.
https://lao.ca.gov/Publications/Report/4616

California's Legislative Analyst's Office and the Value of Independence

Nov 15, 2024 - As such, our independent fiscal assessment underlies the Legislature ’s ability to assert an informed check on the executive branch, making any added complexity from diverging estimates a worthwhile trade-off.
https://lao.ca.gov/Publications/Report/4938

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The largest one-time initiatives are $175  million each for CSU and UC, with both segments able to use the funds for deferred maintenance and UC also able to use the funds explicitly for energy efficiency projects.
https://lao.ca.gov/Publications/Report/4309

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Outside of government and health care, the state has added no jobs in a year and a half. Similarly, the number of Californians who are unemployed is 25  percent higher than during the strong labor markets of 2019 and 2022.
https://lao.ca.gov/Publications/Report/4939