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February 1, 1992 - The outlook for the 1992-93 budget is dominated by the continued poor performance of the state and national economies. Even if recovery from the recession is now underway, as anticipated by the 1992-93 Governor’s Budget, state revenues will not be sufficient to both pay off the accumulated budget deficits and fund state services at current levels. Further delays in the timing of the state’s recovery will compound the problem faced by the Legislature in crafting a budget for 1992-93. The Governor’s Budget realistically addresses only a portion of the state’s budget problem. Although it would make some significant reductions in major state programs, it relies upon optimistic assumptions as to the availability of federal and other funds to bring the budget into balance, and does not offer an adequate reserve fund to protect the budget against unanticipated changes.
January 1, 1992 - In order to bring revenues and spending into balance on a permanent basis, the Legislature will need to make significant reductions in spending on major programs, as well as reexamine the coverage and structure of the state's tax system. An early start is needed to lay the groundwork for these difficult decisions. The purpose of this document is to provide the Legislature with a variety of spending and revenue options that can begin this process.
January 1, 1992 - Supplemental Report Language Agenda 1992-93 Budget Conference Committee
January 1, 1992 - This policy brief summarizes the current fiscal outlook and the major proposals in the Governor's budget plan. It provides an assessment of that plan and describes additional steps that need to be taken to arrive at a fiscally sound 1992-93 budget.
December 1, 1991 - This policy brief presents an overview of the State's short-term and long-term fiscal problems.
September 1, 1991 - This report summarizes the fiscal effect of the 1991 Budget Act (Ch 118/91-AB 222, Vasconcellos) including the effects of major legislation accompanying the budget which were enacted as part of the overall state spending plan for 1991-92.
July 1, 1991 - Supplemental Report of the 1991 Budget Act
May 1, 1991 - Analysis of the 1991-92 Tax Expenditure Budget
February 1, 1991 - In the Analysis of the 1991-92 Budget Bill, we report the results of our detailed examination of the Governor's departmental spending proposals for the coming fiscal year. By contrast, The 1991-92 Budget: Perspectives and Issues provides an overall perspective on the state's revenues and expenditures for the budget year. It also looks to the future in an effort to focus on some of the challenges facing California in the years ahead. This document summarizes, by program area, the principal findings and recommendations set forth in the Analysis and the Perspectives and Issues.
February 1, 1991 - Strategies for Addressing The State's Budgetary Imbalance
February 1, 1991 - California's Economic and Demographic Environment
January 23, 1991 - Underlying structural budget problems and the onset of a national recession have combined to pose extremely difficult challenges for the 1991-92 state budget. The budget plan for the current year, adopted last summer, is now expected to leave the state with a large deficit on June 30, 1991. In addition, projected revenues for 1991- 92 will fall far short of the level needed to both maintain current levels of services and restore the state’s reserve fund.
December 1, 1990 - The purpose of this policy brief is to outline for the Legislature the nature, magnitude, and causes of the budget problem. In addition, we offer some general strategies for dealing with the budgetary gap. While the exact extent of the current and budget-year shortfalls cannot be determined at this time, we can identify the general magnitude of the problem to assist the Legislature as it begins its fiscal deliberations.
August 1, 1990 - This report summarizes the fiscal effect of the 1990 Budget Act (Chapter 467 -SB 899) including the effects of major legislation accompanying the budget which is part of the overall state spending plan for 1990-91. The report begins by recounting the history of this year's budget crisis, and describing how it was resolved. It then highlights the funding levels that were ultimately approved for the state's major programs in 1990-91. Finally, this report discusses projected state revenues for 1990-91, including the key assumptions underlying the projections and revisions that have been made to them since the Governor's Budget was introduced in January.
July 12, 1990 - The 1990-91 Senate Budget Bill AB 2660 (Vasconcellos) As Amended in Senate July 10, 1990