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State Budget Condition Publications

To browse all LAO publications, visit our Publications page.


 




Handout

2003-04 Budget Overview

March 25, 2003 - Presented to Senate Budget and Fiscal Review Committee

Presentation

2003-04 Budget Overview

February 26, 2003 - Overview of 2003-04 Budget presented to the California Transportation Foundation.

Report

The 2003-04 Budget: Perspectives and Issues

February 19, 2003 - Perspectives on the state's fiscal condition and the budget proposed by the Governor for 2003-04.

Report

State Fiscal Picture 2003-04

February 19, 2003 - California faces an unprecedented budget shortfall--roughly one-third of the General Fund budget-- due to an unexpected dramatic decline in state tax receipts combined with ongoing increases in state government costs. The Governor's budget proposal, would eliminate the while its large amount of ongoing savings would also address California's long-term structural imbalance.

Report

Perspectives on the Economy and Demographics 2003-04

February 19, 2003 - The United States and California economies continue to struggle in early 2003, due primarily to restrained hiring and investment pending by businesses. We assume that stronger economic growth will resume in the second half of 2003

Report

Major Expenditure Proposals in the 2003-04 Budget

February 19, 2003 - We discuss several of the most significant spending proposals in the budget.

Report

An Overview of State Expenditures 2003-04

February 19, 2003 - The Governor's budget proposes total spending in 2003-04 of $89.2 billion. This total budget-year spending is significantly less than current-year spending--by $5.4 billion (5.7 percent). Proposed spending translates into $2,469 for every man, woman, and child in California, or $244 million per calendar day.

Report

Highlights of the 2003-04 Analysis and P & I

February 19, 2003 - Highlights of our examination of the 2003-04 Governor's Budget.

Report

Analysis of the 2003-04 Budget Bill

February 19, 2003 - Our annual detailed examination of the Budget Bill based on the Governor's Budget. It includes hundreds of findings and recommendations related to education, health and social services, criminal justice, transportation, resources, capital outlay, information technology, and local government.

Handout

Structural Challenges to Budgeting in California

January 29, 2003 - Presented to the Assembly Commission on Structural Challenges to Budgeting in California

Report

Overview of the 2003-04 Governor's Budget

January 15, 2003 - On January 10, the Governor released a plan for addressing his projected $34.6 billion General Fund budget shortfall. Although this shortfall estimate and the level of required solutions is somewhat overstated, the problem is still enormous. The Legislature faces a formidable task in carefully evaluating the plan's individual elements and the many important policy issues it raises. It is also important that the Legislature take early and decisive action to get the state's fiscal house in order.

Report

Analysis of Mid-Year Budget Proposal

December 16, 2002 - The Governor recently released his current-year plan for partially addressing the state's enormous budget shortfall. The plan calls for $10.2 billion in budgetary reductions and adjustments. We discuss the Governor's proposal, consider its general viability, and identify additional options available to the Legislature.

Report

LAO Recommended Legislation

December 2, 2002 - The role of the Legislative Analyst's Office is to review state programs and make recommendations to the Legislature as to how the state can operate more effectively and efficiently. While most of our recommendations can be addressed in the annual budget bill, some involve recommended changes in law that require separate legislation. This report summarizes various changes to law that we have recommended in recent years.

Report

Cal Facts: California's Economy and Budget in Perspective-2002

December 2, 2002 - A series of charts and tables which address questions frequently asked of our office. These "snapshots" of information provide a broad overview of public finance and program trends in the state.

Report

California's Fiscal Outlook: LAO Projections, 2002-03 Through 2007-08

November 14, 2002 - For the second year in a row, the state faces a budget problem in excess of $20 billion. Our updated forecast indicates the following. Current Year: California will end the 2002-03 fiscal year with a General Fund deficit of $6.1 billion. Budget Year: The 2003-04 budget faces a cumulative year-end deficit of $21.1 billion, absent corrective actions. However, if California's economic performance continues to lag the shortfall could easily be several billion dollars higher. Beyond the Budget Year: Over the longer term, the state will face annual operating deficits of between roughly $12 billion and $16 billion per year.

State Budget Condition Staff

Ann Hollingshead
(916) 319-8305
State Budget and Federal Funding
 
Carolyn Chu
(916) 319-8326
Chief Deputy Legislative Analyst