The 2023-24 Budget: State Appropriations Limit Estimates

Feb 1, 2023 - Specifically, while the state might have more room in years when revenue growth is lower than historical averages—such as this year—over the long term, we expect the state to continue to reach the limit.
https://lao.ca.gov/Publications/Report/4667

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

Jan 13, 2023 - Because the State Constitution requires the state to pass a balanced budget, the Governor must propose solutions when the administration estimates the state faces a budget problem. The state has many types of solutions —or tools —for addressing a budget problem, but the most important include: reserve withdrawals, spending reductions, revenue increases, and cost shifts (for example, between funds).
https://lao.ca.gov/Publications/Report/4662

New Inflation Poses Not So New Budget Risk

Dec 15, 2022 - For the many state programs that do not adjust automatically, appropriations are fixed at their existing level. Unless the Legislature appropriates additional funds, higher inflation itself does not cause the state to spend more.
https://lao.ca.gov/Publications/Report/4653

Fiscal Outlook Addendum: CalPERS

Nov 18, 2015 - As we state in the Fiscal Outlook (p. 44 of the pdf version), the plan adopted today by the CalPERS board "would not necessarily increase costs above our assumptions between now and 2019-20 " because it changes the system 's discount rates so gradually.
https://lao.ca.gov/Publications/Report/3308

The 2023-24 Budget: State Appropriations Limit Estimates [Publication Details]

Feb 1, 2023 - The 2023-24 Budget: State Appropriations Limit Estimates [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4667

The 2023-24 Budget: California's Fiscal Outlook [Publication Details]

Nov 16, 2022 - In this report, we anticipate the state will have a $24 billion budget problem to solve in the upcoming fiscal year and operating deficits declining from $17 billion to $8 billion over the multiyear period.
https://lao.ca.gov/Publications/Detail/4646

The 2023-24 Budget: Considering Inflation's Effects on State Programs [Publication Details]

Nov 16, 2022 - The 2023-24 Budget: Considering Inflation's Effects on State Programs [Publication Details] Description: This brief takes a case study approach to examine how elevated inflation has already impacted—and could continue to impact—state spending programs.
https://lao.ca.gov/Publications/Detail/4647

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - Proposed California State Payroll System Information Technology Project The State Controller ’s Office (SCO) and the California Department of Human Resources (CalHR) are currently planning a replacement for the state ’s legacy payroll system —the proposed California State Payroll System (CSPS) information technology (IT) project.
https://lao.ca.gov/Publications/Report/4626

The 2022-23 California Spending Plan: The State Appropriations Limit

Sep 30, 2022 - The 2022-23 California Spending Plan: The State Appropriations Limit The 2022-23 California Spending Plan The State Appropriations Limit In the late 1970s, voters passed Proposition  4 (1979), which established appropriations limits on the state and most types of local governments.
https://lao.ca.gov/Publications/Report/4631

New Inflation Poses Not So New Budget Risk [Publication Details]

Dec 15, 2022 - New Inflation Poses Not So New Budget Risk [Publication Details] New Inflation Poses Not So New Budget Risk Format: HTML Description: Persistent high inflation presents federal and state policymakers with an economic problem not seen in roughly four decades.
https://lao.ca.gov/Publications/Detail/4653