California State Budget 2025
California State Budget 2025. The fiscal outlook gives the legislature our independent estimates and analysis of the state’s budget condition for the 2025‑26 budget process. The lao’s annual fiscal outlook publication provides an independent assessment of the california state budget condition for the upcoming fiscal year.
The budget passed by the legislature and signed by the governor. Gavin newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in.