The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - Introduction In July 2024, the Legislature approved Chapter  83 (S B  867 , Allen), authorizing a $10  billion bond measure entitled the “Safe Drinking Water, Wildfire Prevention, Drought Preparedness, and Clean Air Bond Act of 2024. ” Largely designed to increase the state ’s resilience to the impacts of climate change, the measure was placed on the statewide ballot as Proposition  4 and subsequently approved by voters in November 2024.
https://lao.ca.gov/Publications/Report/5115

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 Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - While this funding has now mostly been allocated to grantees, Proposition  4 —the 2024 climate bond —also assigned LCI and SGC responsibilities for administering bond funding for a number of similar climate programs.
https://lao.ca.gov/Publications/Report/5167

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

Feb 10, 2026 - Second, the 2025 ‑26 amounts similarly include notably more one ‑time bond funds —reflecting $1.3  billion more in total appropriated from Proposition  4 (2024) as compared to what is proposed in 2026 ‑27, as well as funds carried over from other bonds (such as Proposition  68 [2018]) from appropriations made in prior years.
https://lao.ca.gov/Publications/Report/5116