The 2023-24 Budget: Cap-and-Trade Expenditure Plan and Greenhouse Gas Reduction Fund Revenue Estimates

March 2, 2023 - This post summarizes the Cap-and-Trade Expenditure Plan and Greenhouse Gas Reduction Fund revenue estimates.

The 2023-24 Budget: Proposed Budget Solutions in Transportation Programs

February 13, 2023 - In response to the multibillion-dollar budget problem the state is facing, the Governor’s budget proposes $4 billion in multiyear budget solutions from the recent General Fund augmentations provided to transportation programs. In this brief we (1) provide background on the recent funding augmentations in transportation from both state and federal funds; (2) describe the Governor’s proposed transportation budget solutions; (3) discuss our assessment of the Governor’s proposals; and (4) offer recommendations for how the Legislature could craft its own package of solutions, including suggestions for potential additional reductions should the budget condition make them necessary.

The 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - On May 12, 2023, Governor Newsom presented a revised state budget proposal to the Legislature. (This annual proposed revised budget is called the “May Revision.”) In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on the overall condition and structure of the state General Fund—the budget’s main operating account.

^[PDF] Cap-and-Trade Spending Overview

March 30, 2023 - Presented to: Senate Budget and Fiscal Review Subcommittee No. 2 on Resources, Environmental Protection and Energy

The 2023-24 Budget: Crafting Climate, Resources, and Environmental Budget Solutions (Presentation)

March 2, 2023 - Presented to: Senate Budget and Fiscal Review Subcommittee No. 2 on Resources, Environmental Protection, and Energy

The 2023-24 Budget: Overview of the Governor's Budget

January 13, 2023 - On January 10, 2023, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.

^[PDF] The 2023-24 Budget: Overview of the Spending Plan (Preliminary Version)

August 16, 2023 - This publication provides a preliminary overview of the 2023-24 Budget Act, gives a brief description of how the budget process unfolded, and then highlights major features of the budget.

^[PDF] The 2020-21 Budget: Climate Change Proposals

February 13, 2020 - This report assesses the Governor’s major 2020-21 budget proposals related to climate change. The four proposals we evaluate are the Governor's (1) cap-and-trade expenditure plan ($965 million), (2) expanded climate adaptation research and technical assistance activities ($25 million), (3) new Climate Catalyst loan fund ($250 million), and (4) climate bond ($4.75 billion).

The 2022-23 Budget: The Governor's Housing Plan

February 14, 2022 - Provides an update on some major recent state budget actions related to housing, describes the Governor’s housing budget proposals, and raises issues for the Legislature’s consideration.

^[PDF] The 2020-21 Budget: Climate Change Proposals

February 18, 2020 - Presented to: Senate Budget and Fiscal Review Committee Hon. Holly J. Mitchell, Chair

The 2023-24 Budget: Health Workforce Budget Solutions

February 21, 2023 - This post analyzes the Governor's proposed delays and reductions to certain health workforce initiatives adopted in the 2022-23 budget.

^[PDF] The 2018-19 Budget: Resources and Environmental Protection

February 14, 2018 - In this report, we assess many of the Governor’s budget proposals in the resources and environmental protection areas and recommend various changes. Below, we summarize our major findings and recommendations. We provide a complete listing of our recommendations at the end of this report.

The 2021-22 Spending Plan: Natural Resources and Environmental Protection

October 18, 2021 - The 2021‑22 budget package provides a total of $21.7 billion from various fund sources—the General Fund, bond funds, and various special funds—for programs administered by the California Natural Resources and Environmental Protection Agencies. This is a net increase of $4.8 billion (22 percent) compared to 2020‑21 estimated expenditures.

Correction 10/22/21: Funding amount for CDFW has been corrected.

^[PDF] The 2023-24 Budget: Updates on Recent Housing and Homelessness Augmentations and Overview of Proposed Budget Changes

March 29, 2023 - This handout provides updates on key recent housing and homelessness spending actions and analysis of the Governor’s 2023-24 budget proposals.