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The 2025-26 Budget: State Mandates—Regional Water Quality Control Boards

May 30, 2025 - In this post, we discuss the Governor's May Revision budget proposal to retroactively suspend three municipal stormwater mandates.


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Overview of California’s State-Supported Intercity Rail Routes and Funding

May 30, 2025 - Senate Committee on Transportation; Subcommittee on LOSSAN Rail Corridor Resiliency


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The 2025-26 Budget: May Revision Trailer Bill Proposals on the Delta Conveyance Project and Water Quality Control Plans

May 27, 2025 - This post describes and raises issues for legislative consideration about two proposed trailer bills related to (1) the Delta Conveyance Project and (2) water quality control plans.


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The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - This post presents our office’s forecast of the condition of the state General Fund budget through 2028-29 under our revenue estimates and assuming the Governor’s May Revision policies were adopted. (Our earlier analysis, The 2025-26 Budget: Initial Comments on the Governor’s May Revision, differed in two ways: [1] it provided our assessment of the budget condition in the near term only, and [2] it was predicated on the administration’s revenue and spending estimates.)


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The 2025-26 Budget: Analysis of the School and Community College Funding Split

May 20, 2025 - The 2025-26 Budget: Analysis of the School and Community College Funding Split


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The 2025-26 Budget: Analysis of the May Revision K-14 Education Plan

May 20, 2025 - The 2025-26 Budget: Analysis of the May Revision K-14 Education Plan


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The 2025-26 Budget: Cap-and-Trade Reauthorization and Greenhouse Gas Reduction Fund Proposals at May Revision

May 19, 2025 - Describes and comments on the Governor's May Revision proposals for reauthorizing the cap-and-trade program and spending Greenhouse Gas Reduction Fund revenues.


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The 2025-26 Budget: Medi-Cal in the May Revision

May 19, 2025 - The 2025-26 Budget: Medi-Cal in the May Revision handout.


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The 2025-26 Budget: Concession Bargaining

May 19, 2025 - This is our analysis of the Governor’s May Revision proposal to (1) not fund scheduled pay increases to state employees established in ratified labor agreements and (2) authorize the Department of Finance (DOF) to impose reductions to employee compensation if collective bargaining agreements to achieve savings are not in place by July 1, 2025.


Brief

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

May 17, 2025 - On May 14, 2025, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on Governor’s proposals for and the overall condition of the state General Fund—the budget’s main operating account.


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Cap-and-Trade Program: Key Choices Ahead

May 8, 2025 - Senate Budget and Fiscal Review Subcommittee No. 2 on Resources, Environmental Protection and Energy and Senate Environmental Quality Committee


Brief

Assessing California’s Climate Policies: Cap-and-Trade Reauthorization

May 7, 2025 - This report is intended to help inform legislative decision-making around reauthorization of the cap-and-trade program. It is submitted pursuant to Chapter 135 of 2017 (AB 398, Garcia), which requires our office to report annually on the economic impacts and benefits of the state’s greenhouse gas emissions reduction targets.


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Rethinking California’s Reserve Policy (Panel 2)

May 7, 2025 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight


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Reserves, Proposition 2, and the Budget Stabilization Account (Panel 1)

May 7, 2025 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight


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The 2025-26 Budget: State Mandate—Santa Ana Regional Water Quality Control Board

May 5, 2025 - In this budget post, we discuss a municipal stormwater mandate issued by the Santa Ana Regional Water Quality Control Board in 2009 for local governments in Orange County.