The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The budget includes $25  million reflecting the combined effect of increasing the eligibility thresholds and changing reporting requirements for families. Currently, to be eligible for care, parents must be working or in school and earn below 70  percent of the State Median Income (SMI) as calculated in 2007 ‑08.
https://lao.ca.gov/Publications/Report/3694/4

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - SAL = state appropriations limit; CAC = California Arts Council; CSSSA = California State Summer School for the Arts; CDE = California Department of Education; CDFA = California Department of Food and Agriculture; CSL = California State Library; CTC = Commission on Teacher Credentialing; DCA = Department of Consumer Affairs; DCC = Department of Cannabis Control; DFPI = Departm
https://lao.ca.gov/Publications/Report/4616/1

The 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities

Feb 5, 2019 - In a Recession, School Spending Requirement Can Reduce the Size of Budget Problem. Typically, when revenues decline year over year, required constitutional spending on schools and community colleges also goes down.
https://lao.ca.gov/Publications/Report/3925

The 2022-23 Budget: Initial Comments on the State Appropriations Limit Proposal

Feb 4, 2022 - Excess Revenues Must Be Allocated to School Payments and Taxpayer Rebates. The Legislature could meet any remaining SAL  requirements by splitting excess revenues between taxpayer rebates and payments to schools and community colleges The Constitution gives the state two years to make these payments, and so the costs could be funded in the 2023 ‑24 budget.
https://lao.ca.gov/Publications/Report/4515

The 2025-26 Budget: California's Fiscal Outlook [Publication Details]

Nov 20, 2024 - Every year, our office publishes the Fiscal Outlook in anticipation of the upcoming budget season. This report gives the Legislature our independent estimates and analysis of the state’s budget condition with the goal of helping lawmakers prepare for the 2025-26 budget process. See our other Fiscal Outlook publications here.
https://lao.ca.gov/Publications/Detail/4939

The 2016-17 Budget: The Governor’s Reserve Proposal

Feb 19, 2016 - Under either statute, the state ’s sales tax rate would automatically decline by one –quarter cent for one calendar year, equal to around $1.5  billion. Under the first statute, the trigger would occur if the Director of Finance projects the SFEU to exceed about 4  percent of General Fund revenues (currently, about $5  billion) in the prior and current year.
https://lao.ca.gov/Publications/Report/3348

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - State and local governments have until December 31, 2024 to use the funds. Restrictions on Use of Funds. There are two restrictions on the use of the fiscal recovery funds. First, state and local governments are prohibited from using the funds to make supplemental pension payments.
https://lao.ca.gov/Publications/Report/4407

Whether or Not to Tap Reserves to Solve Estimated Budget Problem Emerges as Key Fiscal Decision Facing California’s Legislature

Apr 19, 2023 - (The state also has an additional nearly $10 billion in reserves that it can use specifically to supplement constitutionally required funding for schools and community colleges.) On the other hand, our office maintains that the economy is at a heightened risk of going into a recession, which could cause the state’s budget problem to metastasize.
https://lao.ca.gov/Publications/Report/4762

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Most notably, the Governor provides a combined $ 900  m illion for six programs aimed at improving school employee training, recruitment, and retention. The budget also provides $ 600  m illion for two new grant programs: (1) $ 300  m illion for grants to help low ‑performing schools and districts improve their performance and (2) $ 300  m illion for
https://lao.ca.gov/Publications/Report/4135

The 2016-17 Budget: The Governor’s Proposition 2 Debt Proposal

Feb 24, 2016 - Schools Benefit From Governor’s Proposal. After a few years of large funding increases under Proposition  98, the Governor’s budget provides schools and community colleges a more modest increase in 2016–17.
https://lao.ca.gov/Publications/Report/3363