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September 29, 2020 - Presented to: Committee on Accountability and Administrative Review Hon. Cottie Petrie-Norris, Chair and Assembly Committee on Budget Hon. Phil Ting, Chair
August 31, 2020 - Provides an update on California’s cash management situation, including recent developments in spring 2020 and the outlook for 2020-21.
July 29, 2020 - The Supplemental Report of the 2020-21 Budget Act contains statements of legislative intent that were adopted during deliberations on the 2020-21 budget package.
June 12, 2020 - Presented to the Senate Budget and Fiscal Review Committee
June 4, 2020 - Presented to the Assembly Budget Subcommittee No. 6 on Budget Process Oversight and Program Evaluation
May 28, 2020 - Presented to the Senate Budget and Fiscal Review Committee
May 26, 2020 - Presented to the Assembly Committee of the Whole
May 22, 2020 - Assembly Budget Subcommittee No. 6 on Budget Process Oversight and Program Evaluation Hon. Philip Y. Ting, Chair
May 18, 2020 - Presented to the Senate Budget and Fiscal Review Committee
May 17, 2020 - As our office publishes responses to the Governor's 2020-21 May Revision, we will add them to this index page.
May 17, 2020 - On May 14, 2020, Governor Newsom presented a revised state budget proposal to the Legislature. In this post, we provide an overview of the overall budget condition under the May Revision estimates and proposals; the major actions the Governor took to close an estimated $54 billion budget gap; and give our initial comments on this budget package.
May 8, 2020 - This report provides an update on the budget’s condition in light of the public health emergency and economic downturn associated with the coronavirus disease 2019. Our outlook presents two potential scenarios—a somewhat optimistic “U-shaped” recession and a somewhat pessimistic “L-shaped” recession—and assumes a baseline level of expenditures. Under these two scenarios, the state would have to address an $18 billion or $31 billion budget problem. The state’s newly emergent fiscal challenges are likely to extend well beyond the end of the public health crisis. Under both of our economic scenarios, budget deficits persist until at least 2023-24 with multiyear deficits summing to $64 billion in the U-shaped recession and $126 billion in the L-shaped recession.
April 28, 2020 - This post summarizes recent federal legislative and other actions to allocate funding to California and other states in response to the coronavirus disease 2019 (COVID-19). Figures in this post summarize—as comprehensively as was feasible—the amount of funding that we expect to flow to governments and other public entities in California from the federal government. We also describe the major COVID-19-related federal funding that we expect to flow directly to private Californian entities, such as individuals and businesses.
April 20, 2020 - This post summarizes recent legislative and administrative action to allocate state funds to respond to the coronavirus disease 2019 (COVID-19) public health emergency. These activities are ongoing. We plan to update this post periodically to reflect new information and actions.
April 16, 2020 - Presented to: Senate Budget and Fiscal Review Committee