Rethinking California's Reserve Policy

Apr 10, 2025 - This method also accounts for the fact that, due mainly to other constitutional spending requirements, revenue losses do not result in deficits on a 1:1 basis. This is in particular due to Proposition  98 (1988), in which required spending on schools and community colleges tends to fall when revenues decline.
https://lao.ca.gov/Publications/Report/5028

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - Figure  1 shows the relative size and expected growth rates of major General Fund programs. Larger bubbles reflect higher levels of spending and bubbles farther to the right reflect higher rates of expected growth.
https://lao.ca.gov/Publications/Report/4983

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

Jan 13, 2025 - In total, the Governor ’s budget assumes that state operations costs are reduced by $2.1  billion ($1  billion General Fund) in 2024 ‑25 and $2.6  billion ($1.4  billion General Fund) in 2025 ‑26 and ongoing.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2025 - Update (1/16/25): A set of tables detailing various solutions and proposals has been appended to the online version of this report. They are available using the HTML link above. On January 10, 2025, Governor Newsom’s administration presented its proposed state budget to the California Legislature.
https://lao.ca.gov/Publications/Detail/4951

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

Jan 13, 2025 - Update (1/16/25): A set of tables detailing various solutions and proposals has been appended to the online version of this report. They are available using the HTML link above. On January 10, 2025, Governor Newsom’s administration presented its proposed state budget to the California Legislature.
https://lao.ca.gov/Publications/Report/4951/1

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

Jan 13, 2025 - Update (1/16/25): A set of tables detailing various solutions and proposals has been appended to the online version of this report. They are available using the HTML link above. On January 10, 2025, Governor Newsom’s administration presented its proposed state budget to the California Legislature.
https://lao.ca.gov/Publications/Report/4951/2

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

Jan 13, 2025 - Update (1/16/25): A set of tables detailing various solutions and proposals has been appended to the online version of this report. They are available using the HTML link above. On January 10, 2025, Governor Newsom’s administration presented its proposed state budget to the California Legislature.
https://lao.ca.gov/Publications/Report/4951/3