The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - Legislature Appropriated $3.5   Billion in Bond Funding for First Year of Implementation. The 2025 ‑26 budget package authorized the state to spend $3.5  billion, or slightly more than one ‑third, of the $10  billion total.
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - In 2026 ‑27, for example, under this approach roughly $1.75  billion is available for discretionary purposes prior to funding Tier 3 programs, of which the administration proposes to spend about $1.6  billion.
https://lao.ca.gov/Publications/Report/5114

The 2026-27 Budget: Proposition 4 Spending Plan [Publication Details]

Feb 10, 2026 - The 2026-27 Budget: Proposition 4 Spending Plan [Publication Details] Description: This publication assesses the Governor’s proposed 2026-27 spending plan for Proposition 4, the $10 billion climate bond approved by voters in November 2024.
https://lao.ca.gov/Publications/Detail/5115

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - SHOPP is supported by a combination of state and federal funds and is projected to receive around $4.4   billion annually —meaning this proposal would result in a reduction of about 2   percent each year.
https://lao.ca.gov/Publications/Report/5139

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - While we find that the proposals have merit, like all other General Fund augmentations they must be considered in the context of the state ’s projected multiyear structural deficits —which are estimated to range from about $20  billion to $35  billion annually.  
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - Absent such additional direction, the Legislature will largely be deferring to CPUC to make decisions about how to allocate this funding —which could total in the tens of billions of dollars over the next twenty years —to utility customers.
https://lao.ca.gov/Publications/Report/5120

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - Moreover, even without a stock market downturn, both our office and the administration expect the state to face multiyear deficits, with estimates ranging from $20   billion to $35   billion annually.
https://lao.ca.gov/Publications/Report/5140

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - Both our office and the administration expect the state to face multiyear deficits, with estimates ranging from $20  billion to $35  billion annually. These chronic deficits have persisted even as the state ’s economy and revenues have grown and the Legislature has adopted solutions totaling more than $125  billion to address budget problems over the past four years, underscoring that the problem is structural rather than cyclical.
https://lao.ca.gov/Publications/Report/5116

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - Estimated implementation costs for habitat projects and water purchases total about $3  billion and would be shared by the state (paying about half), water users, the federal government, and the CVP.
https://lao.ca.gov/Publications/Report/5163