The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - Budget Solutions Budget solutions are proposals that create more budget capacity. Taken together, the budget solutions in the Governor ’s budget result in an improvement in the budget ’s bottom line by $9  billion.
https://lao.ca.gov/Publications/Report/5101

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - New tariffs on imports into the U.S. are creating cost pressures for businesses and consumers. And uncertainty with the federal government appears to be contributing to a general anxiety about the economy.
https://lao.ca.gov/Publications/Report/5091

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - (This borrowing is similar to the measures used during the Great Recession —collectively previously referred to as the state ’s “wall of debt ” —and create obligations that should be repaid or reversed in the future.)
https://lao.ca.gov/Publications/Report/5079

Rethinking California's Reserve Policy

Apr 10, 2025 - Proposition  4 sets up a system in which all tax revenues —with only limited exceptions —are counted at some level of government (for example, the state, or a city, county, or school district). Funds transferred between these entities of government are counted at some part of the structure.
https://lao.ca.gov/Publications/Report/5028

The State Appropriations Limit

Apr 21, 2021 - How the Limits Work for Other Entities Proposition   4 n ot only created an appropriations limit for the state, but also for most types of local government entities, including: counties, cities, special districts, and local educational agencies.
https://lao.ca.gov/Publications/Report/4416

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - Cities and counties will receive fiscal recovery funds based on a set of formulas that considers the jurisdiction ’s population, among other factors. The federal government will distribute funds directly to all counties and cities with populations greater than 50,000.
https://lao.ca.gov/Publications/Report/4407

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - To address the budget problem, the budget also makes several other funding changes: Postpones Infrastructure Funding for the City of Fresno. Last year ’s budget allocated $250  million for public infrastructure investments in the City of Fresno.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - To address the budget problem, the budget also makes several other funding changes: Postpones Infrastructure Funding for the City of Fresno. Last year ’s budget allocated $250  million for public infrastructure investments in the City of Fresno.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

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

Jan 13, 2025 - First, some proposals provide short ‑term budget savings that create more budget capacity. These total $2.2  billion. Second, the Governor ’s budget includes new discretionary proposals that use budget capacity by increasing spending or reducing revenues.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - While the Legislature can change how funds within Proposition  98 are distributed, funding less than the constitutional minimum in any particular year requires a two-thirds vote and creates a future obligation for more school funding in subsequent budgets.
https://lao.ca.gov/Publications/Report/4983