
We Speak A Different Language
This time of year is always interesting in Sacramento. The California State Department of Finance (DOF) is about to release its “May Revise” of the State Budget for the 2025-26 fiscal year. In the budget process, the May Revise is the last piece of information necessary for legislative approval of the budget. The DOF issues its report, usually around May 10, then the Legislative Analyst Office (LAO) issues its analysis of the May Revise, then the Legislature enters the final lap of approving the budget.
Up to this point, the DOF issued its January budget, and the LAO analyzed that document, and the Budget Committees in both houses of the Legislature have broken out into their subcommittees, and each subcommittee has studied the line items in their policy area of the budget, and approved or disapproved the “budget change proposals” (BCPs) from the various departments of the state government. The BCP is the request from the various departments for money in the next year’s budget. It is important to note that the budget subcommittees do not review the entire budget from the departments, only the BCPs. If the subcommittees in the two… Read More