The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - As such, if the Legislature wishes to have substantively more reserves available when responding to downturns or other emergencies, we would recommend also changing the formulas that set aside funds each year to increase how much is saved.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Child Care and State Preschool

Mar 28, 2025 - More broadly, the Legislature might also want to consider changes to how AP agencies are funded. In a previous analysis of AP agency funding, we make several recommendations that would better align funding for AP agencies with the costs to administer voucher ‑based programs.
https://lao.ca.gov/Publications/Report/5024