January 13, 2024


The 2024‑25 Budget

Overview of the Governor’s Budget


Appendix 2: All Other Solutions


 Table As PDF

Appendix 2, Figure 1

All Other Solutions Proposed in the 2024‑25 Governor’s Budget

General Fund (In Millions)

Type

Description

2022‑23

2023‑24

2024‑25

Cost Shift

June payroll into July deferral

$1,577

Cost Shift

Altered allocation of CalPERS payment to achieve more savings

1,296

Cost Shift

Loans to the General Fund from special funds

1,239

Cost Shift

Extended repayment schedule for current loans

183

Cost Shift

CHP, performance criteria for six area offices (cash to bonds)

$13

Cost Shift

DMV, Oxnard: field office reconfiguration (cash to bonds)

14

Cost Shift

DMV, El Centro: field office replacement (cash to bonds)

2

Reserve Withdrawal

Half of BSA mandatory balance

10,227

Reserve Withdrawal

Entire BSA discretionary balance

1,799

Reserve Withdrawal

Entire Safety Net Reserve balance

900

Revenue Related

Limitation of NOLs

300

Revenue Related

Tax Treatment of Charitable Conservation Easements

55

Revenue Related

Elimination of Bad Debt Deduction

25

Revenue Related

Elimination of Percentage Depletion Tax Expenditure

15

Revenue Related

Elimination of Intangible Drilling Cost Expensing Tax Expenditure

7

Schools and Community Colleges (Proposition 98)

Fund at the minimum requirement

$9,554

2,824

2,845

Totals

$9,554

$2,854

$20,468

CHP = California Highway Patrol; DMV = Department of Motor Vehicles; BSA = Budget Stablization Account; and NOL = net operating losses.