California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Trailer legislation also specifies legislative intent to link the RMR to the 85th  percentile of the most recent market survey based on available funding. Slots Budget Package Increases Funding for State Preschool Slots.
https://lao.ca.gov/Publications/Report/3487/4

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - These slots will have full ‑year costs of $305  million beginning in 2025 ‑26. The  budget also modifies and adds into statute details related to the multiyear slot expansion plan. (In 2021 ‑22, the Legislature and Governor agreed to add 206,500 child care slots by 2025 ‑26.
https://lao.ca.gov/Publications/Report/4922

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The Legislature, however, might consider more targeted initiatives linked with specific goals. For example, it could link any one ‑time workforce funding to helping with a transition to a new child care reimbursement rate system and/or higher minimum program standards.
https://lao.ca.gov/Publications/Report/3916

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Slots Funds Additional Alternative Payment Slots. The budget provides $ 205  m illion federal funds for 11, 307 n ew Alternative Payment slots starting July 1, 2018. This funding is tied to an increase in the amount of available federal funds.
https://lao.ca.gov/Publications/Report/3870/4

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Slots Funds Additional State Preschool Slots. The budget provides $24  million to annualize the cost of 2,959 preschool slots added April  1, 2017. The budget also provides $8  million for 2,959 new full ‑day State Preschool slots at local education agencies (LEAs) starting April  1, 2018.
https://lao.ca.gov/Publications/Report/3694/4

The 2017-18 Budget: Overview of the Governor's Budget

Jan 13, 2017 - The Governor grants the segments considerable discretion in deciding how to spend these base increases, but, as in previous years, he loosely links these increases to expectations regarding UC and CSU performance.
https://lao.ca.gov/Publications/Report/3528

The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products

May 12, 2019 - The state funds various types of subsidized child care for low-income families, but the number of eligible children typically exceeds the number of “slots ” funded by the state. Due to this shortfall, the state fails to assist part of the targeted population and creates an inequity between those who receive slots and those who do not.
https://lao.ca.gov/Publications/Report/4040

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769