Archive - #CABudget info

Budget committees release summaries

Summaries released in advance of upcoming hearings on 25-26 state budget plan

Jun 25 •

Budget-related bills: time tracking list

Reflects budget-related bills passed by the Legislature on June 27, 2025

Jun 24 •

SB 101 now in print

Assuming no further substantive amendments, eligible for floor votes as soon as Friday

Jun 10 •

Summaries of Senate-Assembly budget agreement

More material will be online in the coming hours and days

Jun 9 •

Senate, Assembly leaders announce budget plan

2025-26 Budget Bill, likely SB 101, expected to be voted on by Sunday, June 15

Jun 9 •

May income taxes beat projections

Income taxes $700 million above projection for month

Jun 8 •

May 2025

LAO: future deficit estimates similar to Governor's

LAO recommends "at least the level of ongoing solutions proposed by the Governor"

May 25 •

Deficits...and a strong "cash position"

California's "cash position" among strongest of any subnational government in history

May 17 •

Governor proposes cuts to reduce large projected deficits

Medi-Cal and IHSS cuts are the focus of Governor Newsom's 7th May Revision

May 14 •

LAO: challenging 25-26 revenue outlook

Forecasters' economic growth expectations "among the lowest in...history"

May 8 •

Hearing on rainy day fund changes

Assembly Budget Subcommittee #7 to discuss options on Wednesday 5/7 at 9 am

May 6 •

Income taxes from 2024 fuel strong April

How much will Trump's economic choices hurt California revenues in 2025, beyond?

May 5 •

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