The 2025-26 Budget: SB 678 County Probation Grant Program

Apr 11, 2025 - The proposed formula has three different payments: (1)  a performance payment, (2)  a maintenance payment, and (3)  a minimum guarantee payment. These payments would determine each county ’s total SB  678 grant award.
https://lao.ca.gov/Publications/Report/5031

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - We recommended (1)  requiring all emergency augmentations come from one fund, (2)  establishing an amount for that fund in the budget, (3)  requiring advanced notice to transfer additional monies into the fund and (4)  requiring reporting on planned and actual emergency expenditures.
https://lao.ca.gov/Publications/Report/5029

Rethinking California's Reserve Policy

Apr 10, 2025 - In March of 2004, on the heels of the dot ‑com bust, voters passed Proposition  58, which created the Budget Stabilization Account (BSA). In the 2006 ‑07 budget, the Legislature deposited $472  million into the BSA and in 2007 ‑08 deposited $1.5  billion.
https://lao.ca.gov/Publications/Report/5028

California New Car Registrations: February 2025 [EconTax Blog]

Apr 8, 2025 - Figure 1 below shows the statewide number of new car registrations from January 2018 through February 2025. This is a good proxy for the number of cars purchased by California residents. New Car Registrations Down Since Strong December.
https://lao.ca.gov/LAOEconTax/Article/Detail/826

California New Car Registrations: February 2025 [EconTax Blog]

Apr 8, 2025 - Figure 1 below shows the statewide number of new car registrations from January 2018 through February 2025. This is a good proxy for the number of cars purchased by California residents. New Car Registrations Down Since Strong December.
https://lao.ca.gov/LAOEconTax/article/Detail/826

Overview of Proposition 1 and Assessment of Behavioral Health Continuum Infrastructure Program [Publication Details]

Apr 7, 2025 - Overview of Proposition 1 and Assessment of Behavioral Health Continuum Infrastructure Program [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/5027

The 2025-26 Budget: Medi-Cal Pharmacy Spending [Publication Details]

Apr 3, 2025 - This brief provides an overview of pharmacy spending in Medi-Cal, including historical spending trends, assumptions under the 2025-26 Governor’s Budget, and key issues and recommendations for the Legislature.
https://lao.ca.gov/Publications/Detail/5026

The 2025-26 Budget: Medi-Cal Pharmacy Spending

Apr 3, 2025 - What Are Glucagon‑Like Peptide‑1 (GLP‑1) Agonists? GLP ‑1 agonists are a type of drug that help regulate blood sugar, generally by stimulating the release of insulin in the body. Use of these drugs also can result in weight loss among patients.
https://lao.ca.gov/Publications/Report/5026

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

Apr 3, 2025 - DFPI began implementing SB  908 on January 1, 2021 and started accepting applications for licensure on September 1, 2021. Digital Financial Assets Program. Chapter  792 of 2023 (AB  39, Grayson) requires DFPI to regulate crypto assets (which are sometimes referred to as cryptocurrencies, virtual currencies, or digital financial assets).
https://lao.ca.gov/Publications/Report/5025

The 2025-26 Budget: Child Care and State Preschool

Mar 28, 2025 - Prior to the pandemic, the specific amount that a contractor would be reimbursed was based on the lesser of (1)  the maximum reimbursable amount; (2)  the contractor ’s reimbursable program costs; or (3)  the contract rate per child day of enrollment, multiplied by the attendance rate of its children.
https://lao.ca.gov/Publications/Report/5024