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Report
California’s Rainy Day Fund and Other Budget Reserves Overview
key takeaway California’s state budget reserves, including the “rainy day fund” and other reserve accounts, serve as a financial safety net for services like education, health care, and child care during economic downturns. The rules for depositing and withdrawing funds are complex, and policymakers should consider reforms, such as excluding reserve deposits from the Gann … Continued
Budget AcademyCalifornia Budget -
Report
5 Key Questions About California’s State Budget Reserves
How much money is in California’s state budget reserves? When can the funds be withdrawn? How can the funds be used by the state?Budget AcademyCalifornia Budget -
Video
California’s Budget Reserves Explained
Watch to learn more Just like households save for emergencies, California sets aside money in budget reserves. Budget reserves are California’s way of preparing for the unexpected, saving a little today to protect vital public services tomorrow. In this video, we break down how California’s state reserves work, including the four main reserve accounts: the … ContinuedBudget AcademyCalifornia Budget -
Report
Building an Affordable California Requires Public Investment
Communities across California face many challenges during President Trump’s second administration, from deep federal budget cuts that threaten to undermine Californians’ health, economic security, and well-being, to mounting affordability pressures and persistent inflation that have exacerbated communities’ longstanding unmet need for more affordable housing, health care, and child care. People with low incomes, immigrants, communities … ContinuedCalifornia BudgetTaxes & Revenue -
Commentary
Gavin Newsom’s last budget belies his ‘California for All’ pledge
California Budget -
Report
First Look: Understanding the Governor’s Proposed 2026-27 California Budget
related content Introduction Governor Gavin Newsom released his proposed 2026-27 California state budget on January 9, projecting a small and manageable deficit of $2.9 billion. The governor’s proposal projects $42.3 billion in additional revenue across the “budget window” (fiscal years 2024-25 to 2026-27) compared to projections made last June in the enacted budget. The $248.3 … ContinuedCalifornia Budget -
Report
Guía: Proceso de presupuesto estatal de California
Este informe ofrece información sobre el presupuesto estatal y su proceso, con el objetivo de brindar al público las herramientas necesarias para interactuar eficazmente con líderes estatales y abogar por decisiones presupuestarias justas y equitativas.Budget AcademyCalifornia Budget -
Fact Sheet
State Budget Process and Legislative Process: Key Activities and Deadlines
The most common way for Californians to shape state funding decisions and policy priorities is through the state budget process and the legislative (or policy bill) process. The deadlines for the state budget process are established in California’s Constitution or in state law and rarely change. In contrast, most of the deadlines for the legislative … ContinuedBudget AcademyCalifornia Budget -
Report
Guide to the California State Budget Process
A comprehensive guide to the California state budget process: we provide an overview of the year-round state budget cycle, detail the roles of the key players, and lay out the timeline for state budgeting as well as opportunities for input. Our hope is that this guide makes the state budget process more accessible for policy staff, advocates, and the media, as well as to broaden participation in the budget debate.Budget AcademyCalifornia Budget -
Glossary
California State Budget Terms Defined
What’s the difference between a trailer bill and a policy bill? A surplus and an operating surplus? Special funds and the General Fund? And what exactly is a “Budget Bill Jr.”? Understanding these and other key budget-related terms is critical to navigating the California state budget process and effectively engaging decision-makers in order to advocate … ContinuedBudget AcademyCalifornia Budget -
Video
What is a Supermajority Vote and Why Does it Matter in California?
Watch to learn more Some decisions in California’s Legislature require more than a simple majority — they need a supermajority, or two-thirds vote. But what does that really mean, and why does it matter for Californians? In this short explainer, we break down how Proposition 26 changed the rules around taxes and fees, what kinds … ContinuedBudget AcademyCalifornia Budget -
Report
Cómo se establecen las políticas de California: Puntos destacados del proceso legislativo
Read this publication in English. Índice El proceso legislativo: Principios básicos El proceso legislativo, también conocido como el proceso de proyectos de ley, proporciona una vía clave para que los californianos que desean cambiar la ley estatal puedan hacerlo a través de la legislatura del estado. Cada año, los miembros de la asamblea legislativa y … ContinuedBudget AcademyCalifornia Budget
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