The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - This post presents our office ’s forecast of the condition of the state General Fund budget through 2027 ‑28 under our revenue estimates and assuming the Governor ’s May Revision policies are adopted.
https://lao.ca.gov/Publications/Report/4907

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The state solved a $27  billion deficit in 2023 ‑24, a $55  billion deficit in 2024 ‑25, and a $15  billion deficit in 2025 ‑26 (in addition to roughly $28  billion in proactive budget ‑balancing actions taken the year before).
https://lao.ca.gov/Publications/Report/5091

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - The  Governor ’s budget also includes some proposals that provide savings in future years (that is, in 2027 ‑28 and after). This includes proposals to: (1)  remove the state ’s share of costs associated with growth in IHSS hours per case, which we estimate could save $650  million by 2029 ‑30 (if hours continue to grow at their current rates); (2)  make an ongoing reduction to
https://lao.ca.gov/Publications/Report/5101

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - Notably, this cost shift is intended to continue on an ongoing basis—meaning costs incurred in 2026‑27 would be recognized in 2027‑28, and so on. Undoing this maneuver in the future will require the state to pay for two years’ worth of program costs in a single fiscal year.
https://lao.ca.gov/Publications/Report/5079

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - In total, the spending plan maintains a total of $29  billion for these packages across a seven ‑year period (2021 ‑28), which represents 79  percent of the original multiyear planned amounts ($36  billion).
https://lao.ca.gov/Publications/Report/4922

Cal Facts: 2016

Dec 5, 2016 - Cal Facts: 2016 Transportation Funding Comes From Multiple Sources 2016-17 Total transportation funding in the state will be roughly $28  billion in 2016-17. Local governments provide more than half of all transportation funding in California.
https://lao.ca.gov/Publications/Report/3511/6

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The Governor signed the 2017 ‑18 Budget Act and other budget ‑related bills between June  27, 2017 and September  28, 2017. These bills are detailed in Figure  5. The Governor did not veto any appropriations in the 2017 ‑18 Budget Act .
https://lao.ca.gov/Publications/Report/3694/2

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - We define a delay as an expenditure reduction that occurs in the budget window (2022 ‑23 through 2024 ‑25), but has an associated expenditure increase in a future year of the multiyear window (2025 ‑26 through 2027 ‑28).
https://lao.ca.gov/Publications/Report/4825

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Figure 28 2016 –17 Drought Spending Package (In Millions)
https://lao.ca.gov/Publications/Report/3487/8

The 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - The 2023-24 Budget: Initial Comments on the Governor's May Revision Appendices Key Takeaways Governor ’s May Revision Solves a $28  Billion Budget Problem. The figure below summarizes the budget solutions that the Governor proposes using to address the $28.3  billion budget problem.
https://lao.ca.gov/Publications/Report/4769