The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - While about $1.7  billion planned for formula ‑based TIRCP and ZETCP in 2025 ‑26 and the subsequent years has not yet been committed for specific projects by the state, local transit agencies that would receive these funds likely have already begun making plans for how they will spend them —either for eligible capital projects or to help cover operational funding shortfalls.
https://lao.ca.gov/Publications/Report/4961

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

Jan 13, 2025 - Moreover, specific budgetary conditions occurring this year —including legislative action taken last year to withdraw more in reserves this year —make interpretation of the budget position more complex.
https://lao.ca.gov/Publications/Report/4951