The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - To balance the 2024-25 budget, the state authorized reductions in most agencies ’ state operations funding. Specifically, most agencies were subject to reductions of up to 7.95  percent, in addition to having certain vacant positions eliminated.
https://lao.ca.gov/Publications/Report/5035

Rethinking California's Reserve Policy

Apr 10, 2025 - A funding shortfall is distinct from a budget deficit, which occurs when revenues are insufficient for the state to pay for all of its currently authorized services (not just core services). The nearby box describes this difference in more detail.
https://lao.ca.gov/Publications/Report/5028

Improving Legislative Oversight of Emergency Authorities [Publication Details]

Apr 10, 2025 - Improving Legislative Oversight of Emergency Authorities [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/5029

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - Improving Legislative Oversight of Emergency Authorities Executive Summary The Legislature Has Granted Broad Authorities to the Governor to Respond to Emergencies. Because disasters require swift action, the Legislature has granted broad authorities to the Governor to declare states of emergency and respond.
https://lao.ca.gov/Publications/Report/5029

The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Chapter  157 of 2020 (AB  1864, Lim ón) —known as the California Consumer Financial Protection Law —broadened DFPI ’s authority in various ways beginning January 1, 2021. For example, previously, the department was authorized to oversee only those companies that fell under a limited list of entities, such as banks, escrow agents, and brokers.
https://lao.ca.gov/Publications/Report/5025

The 2025-26 Budget: Medi-Cal Pharmacy Spending

Apr 3, 2025 - The 2025-26 Budget: Medi-Cal Pharmacy Spending Yes a a Only certain products, subject to prior authorization or other restrictions. State Recently Created New “Medi ‑Cal Rx ” System to Pay for Drugs.
https://lao.ca.gov/Publications/Report/5026

The 2025-26 Budget: Child Care and State Preschool

Mar 28, 2025 - For CalWORKs child care, the administration has authority to increase funding midyear if the amou nt of funding is not sufficient to cover all eligible families. State Applies a Statutory COLA to Total CAPP and CMAP Funding.
https://lao.ca.gov/Publications/Report/5024

Overview of K-12 Career Technical Education

Mar 25, 2025 - CDE was also given authority to use up to $25  million to establish a system of technical assistance. CDE selected Tulare COE as the lead technical assistance provider, and selected eight COEs to serve as regional technical assistance centers.
https://lao.ca.gov/Publications/Report/5021

The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - The department has the authority to increase fees up to the statutory caps without additional legislative authority. However, it is unclear if an additional fee increase would resolve the remaining gap between revenues and expenditures.
https://lao.ca.gov/Publications/Report/5019

The 2025-26 Budget: Governor’s Office of Service and Community Engagement

Mar 11, 2025 - There is no authorizing legislation that sets forth basic programmatic details, including state policy objectives. California Volunteers launched its first College Corps cohort of students in 2022-23.
https://lao.ca.gov/Publications/Report/5015