The 2026-27 Budget [Publication Details]

Jan 1, 2026 - As we release publications aimed at addressing the 2026-27 budget situation, we will add them to this index page.
https://lao.ca.gov/Publications/Detail/5107

The Definition of Qualified Capital Outlay for the State Appropriations Limit

Feb 18, 2022 - Do Purchases of Assets Count if a Single Unit is Worth Less Than $100,000, Even if the Value of the Total Purchase Is Greater? In some cases, the state might purchase a group of assets (for example, multiple tiny homes or a fleet of vehicles) where each individual purchase (a tiny home, including the land it sits
https://lao.ca.gov/Publications/Report/4547

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Instead, our forecast includes income tax collections that are somewhat weaker than suggested by cash trends, but still tens of billions of dollars above where they would be if stocks actually drop significantly.
https://lao.ca.gov/Publications/Report/5091

Rethinking California's Reserve Policy

Apr 10, 2025 - A more risk ‑averse car owner might purchase full ‑coverage insurance while a less risk ‑averse car owner might purchase only what is legally required. Yet these analogies do not well describe the state ’s revenue situation —because , unlike with a car accident, the question of revenue drops is not if but when .
https://lao.ca.gov/Publications/Report/5028

The 2017-18 Budget: California Highway Patrol

Feb 9, 2017 - In addition, the budget includes provisional language to allow the CHP, in cooperation with the Department of General Services and the Department of Finance, to enter into a build-to-suit, lease/purchase, or a lease with an option to purchase agreement to provide for a new Santa Ana area office.
https://lao.ca.gov/Publications/Report/3551

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - To address the budget problem, the budget also makes several other funding changes: Postpones Infrastructure Funding for the City of Fresno. Last year ’s budget allocated $250  million for public infrastructure investments in the City of Fresno.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - To address the budget problem, the budget also makes several other funding changes: Postpones Infrastructure Funding for the City of Fresno. Last year ’s budget allocated $250  million for public infrastructure investments in the City of Fresno.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

Federal COVID-19-Related Funding to California

Apr 28, 2020 - Where possible, we rely on estimates from a relevant state department or directly from the federal government. However, in many cases, the estimates of amounts that will flow to California are still unknown or could continue to change.
https://lao.ca.gov/Publications/Report/4226

Cap-and-Trade Extension: Issues for Legislative Oversight

Dec 12, 2017 - It would also be more complex for covered entities to plan for the use of offsets because the number of non ‑direct offsets to purchase would depend, in part, on the number of direct offsets it is able to purchase, which could be subject to considerable uncertainty.
https://lao.ca.gov/Publications/Report/3719

The 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities

Feb 5, 2019 - When the state ’s two largest utilities faced serious financial problems in the early 2000s, the state Department of Water Resources began purchasing electricity on behalf of the utilities ’ customers.
https://lao.ca.gov/Publications/Report/3925