November 14, 2018

The 2019-20 Budget

California's Fiscal Outlook

In anticipation of the upcoming state budget process, our office publishes California's Fiscal Outlook each year. This year, the report is shorter and more focused, but we have supplemented it with a fuller discussion of the outlook for Proposition 98's minimum guarantee over the next several years. Additionally, we have provided shorter pieces in Health and Human Services and other areas.


California's Fiscal Outlook (Full Report)

Proposition 98 Outlook (Report)


Economics and Taxation

Key Economic Assumptions
Focus on Revenues
Property Tax Estimates Exceed Budget Expectations
Estimating Home Prices
Estimating New Construction
Estimating Wages and Salaries
Estimating Capital Gains Revenue

Health and Human Services

Medi-Cal
In-Home Supportive Services (IHSS)

Reserves

Evolution of the Balance of the Budget Stabilization Account