January 13, 2025
The 2025‑26 Budget
Overview of the Governor’s Budget
Appendix 3: Proposed General Fund Cost Savings
Download these tables as a single PDF
- General Fund Cost Savings Proposed in the 2025‑26 Governor’s Budget: Revenue Related
- General Fund Cost Savings Proposed in the 2025‑26 Governor’s Budget: Spending Related
Appendix 3, Figure 1
General Fund Cost Savings Proposed in
the 2025‑26 Governor’s Budget: Revenue Related
(In Millions)
|
Source |
Description |
2025‑26 |
|
Corporation Tax |
Single Sales Factor for Financial Institutions |
$330 |
Appendix 3, Figure 2
General Fund Cost Savings Proposed in the 2025‑26 Governor’s Budget:
Spending Related
(In Millions)
|
Department/Program |
Description |
2024‑25 |
2025‑26 |
|
CDE/CCC |
2024‑25 Proposition 98 payment delay (settle up) |
$1,565 |
— |
|
CEC |
Demand side grid support shift to Proposition 4 |
— |
$18 |
|
DHCS |
Reduce funding for behavioral health bridge housing |
— |
28 |
|
DWR |
Dam safety shift to Proposition 4 |
— |
47 |
|
DWR |
Systemwide flood risk reduction shift to Proposition 4 |
— |
15 |
|
LUCI |
Extreme heat/community resilience shift to Proposition 4 |
— |
15 |
|
OES |
Home hardening shift to Proposition 4 |
— |
13 |
|
Parks |
Stewardship of state lands projects shift to Proposition 4 |
— |
68 |
|
Parks |
Deferred maintenance shift to Proposition 4 |
— |
14 |
|
SWRCB |
Water recycling shift to Proposition 4 |
— |
51 |
|
WCB |
Watershed climate resilience shift to Proposition 4 |
— |
32 |
|
Totals |
$1,565 |
$301 |
|
|
CDE = California Department of Education; CEC = California Energy Commission; DHCS = Department of Health Care Services; DWR = Department of Water Resources; LUCI = Governor’s Office of Land Use and Climate Innovation; OES = Governor’s Office of Emergency Services; Parks = Department of Parks and Recreation; SWRCB = State Water Resources Control Board; and WCB = Wildlife Conservation Board. |
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