The 2025-26 Budget: Community College Facilities

Mar 18, 2025 - Assessment Key Factors to Consider in Deciding How Much Proposition  2 Funding to Commit Now. Under the Governor ’s budget, the state would commit roughly half of CCC Proposition  2 funding. (The Chancellor ’s Office intends to request about $400  million in Proposition  2 funding for additional projects in 2026-27 and the remainder in 2027-28.)
https://lao.ca.gov/Publications/Report/5017

The 2025-26 Budget: Community College Facilities [Publication Details]

Mar 18, 2025 - This post assesses the Governor’s proposals to fund community college capital outlay projects under Proposition 2, the new education facilities bond.
https://lao.ca.gov/Publications/Detail/5017

Rethinking California's Reserve Policy

Apr 10, 2025 - In March of 2004, on the heels of the dot ‑com bust, voters passed Proposition  58, which created the Budget Stabilization Account (BSA). In the 2006 ‑07 budget, the Legislature deposited $472  million into the BSA and in 2007 ‑08 deposited $1.5  billion.
https://lao.ca.gov/Publications/Report/5028

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - Further, it creates a precedent for (1)  other bargaining units this year to adopt similar actions and (2)  future Governors to see this action as an acceptable trade-off to address future budget problems.
https://lao.ca.gov/Publications/Report/5058

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - All Other Changes Improve Budget Bottom Line by $2   Billion. Across the rest of the budget, the administration estimates a net improvement of $2  billion to the General Fund bottom line. The  largest component is a $1.5  billion upward revision to the entering fund balance, primarily driven by higher ‑than ‑expected reversions of unspent funds and lower required Proposition  2 (2014) debt payments.
https://lao.ca.gov/Publications/Report/5044

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - The major solution in the resources and environment area is the shift of nearly $2  billion of California Department of Forestry and Fire Protection costs from the General Fund to the Greenhouse Gas Reduction Fund.
https://lao.ca.gov/Publications/Report/5052

The 2025-26 Budget: Concession Bargaining

May 19, 2025 - The MOUs with seven of the state ’s bargaining units are scheduled to expire by July 2, 2025, meaning that they will be expired for the duration of 2025-26. The seven units are Unit 2 (attorneys and hearing officers), 6 (corrections), 9 (professional engineers), 13 (stationary engineers), 16 (physicians, dentists, and podiatrists) 18 (psychiatric technicians), and 19 (health and social services/professional).
https://lao.ca.gov/Publications/Report/5047

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - The 2025-26 Budget: Initial Comments on the Governor's May Revision Initial Comments on the Governor’s May Revision Appendix 2: General Fund Budget Solutions in the 2025-26 May Revision
https://lao.ca.gov/Publications/Report/5044/2

Proposition 98 Funding Changes by Segment and Source [EdBudget]

May 16, 2025 - Proposition 98 Funding Changes by Segment and Source [EdBudget]     a Includes the portion of State Preschool funded through Proposition 98 and direct instructional services provided by state agencies. b Reflects the size of the deposit (+) or withdrawal (-) from the Proposition 98 Reserve established by Proposition 2 (2014).
https://lao.ca.gov/Education/EdBudget/Details/961

Cap-and-Trade Program: Key Choices Ahead [Publication Details]

May 8, 2025 - Senate Budget and Fiscal Review Subcommittee No. 2 on Resources, Environmental Protection and Energy and Senate Environmental Quality Committee
https://lao.ca.gov/Publications/Detail/5038