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

Jan 13, 2025 - New Tax Expenditures of $150   Million. The Governor ’s budget includes some revenue proposals, which would expand existing tax expenditures and create new ones. This includes increasing the existing film tax credit from $330  million to $750  million per year and excluding some military retirement income from taxation.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Chapter  231 directed the Director of the Department of Finance to transfer $2.4  million from the General Fund to CDTFA as a loan to implement this new tax. Chapter  231 also requires that the loan be repaid with collected excise tax revenues, prior to any of the expenditures from the new GVPSS Fund. 2024-25 Budget Package Specified One-Time Allowable Use of California Department of Education (CDE) 2025-26 Allocation.
https://lao.ca.gov/Publications/Report/4970

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax [Publication Details]

Feb 19, 2025 - The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4970

The 2025-26 Budget: Department of Justice

Feb 19, 2025 - For a couple years after this fee increase, revenues generally exceeded expenditures —thereby allowing the fund balance to steadily grow. However, beginning in 2022 ‑23, expenditures began outpacing revenues, shrinking the fund balance.
https://lao.ca.gov/Publications/Report/4972

The 2025-26 Budget: Judicial Branch

Feb 12, 2025 - Additionally, the judicial branch wanted to mitigate the impacts of the reductions on court users by distributing the funding as quickly as possible and had sufficient excess TCTF expenditure authority to do so.
https://lao.ca.gov/Publications/Report/4959

CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - We define a delay as an expenditure reduction that occurs in the budget window (2021 ‑22 through 2023 ‑24), but has an associated expenditure increase in a future year of the multiyear window (2024 ‑25 through 2026 ‑27).
https://lao.ca.gov/Publications/Report/4662

The 2024-25 Budget: County Probation Grants to Support Temporary Increase in the Supervision Population

Feb 20, 2024 - The Governor ’s proposal would commit the state to $4.4  million in discretionary General Fund expenditures, as the state is not required to provide payments to the counties to offset the cost of the workload.
https://lao.ca.gov/Publications/Report/4849

The 2024-25 Budget: California Department of Corrections and Rehabilitation

Feb 22, 2024 - The Governor proposes to budget for CDCR ’s utility costs based on actual prior expenditures through CDCR ’s biannual adjustment process. Under the proposed methodology, the adjustment reflected in the Governor ’s budget would be based on the prior fiscal year ’s actual expenditures.
https://lao.ca.gov/Publications/Report/4852

The 2023-24 Budget: County Probation Grants to Support Temporary Increase in the Supervision Population

Feb 23, 2023 - The Governor ’s proposal would commit the state to $8.2  million in discretionary General Fund expenditures, as the state is not required to provide payments to the counties to offset the cost of the workload.
https://lao.ca.gov/Publications/Report/4703