Fiscal Outlook: Focus on Revenues [EconTax Blog]

Nov 20, 2019 - In 2018-19, withholding grew 7  percent year over year. So far this year, however, withholding has grown 6  percent compared to same period in 2018. Moreover, estimated payments are almost 1  percent lower than the same period last year.
https://lao.ca.gov/LAOEconTax/Article/Detail/414

Fiscal Outlook: Key Economic Assumptions [EconTax Blog]

Nov 20, 2019 - Below are summaries of the key economic assumptions underpinning the economic growth scenario through 2024 in our November 2019 Fiscal Outlook. (The outlook also discusses how state revenues would perform in a hypothetical recession scenario.)
https://lao.ca.gov/LAOEconTax/Article/Detail/413

The 2020-21 Budget: Debt Service on Infrastructure Bonds [Publication Details]

Nov 20, 2019 - This post describes the current debt service ratio in the 2019-20 fiscal year. In addition to this report, you can find the main California's Fiscal Outlook report along with a collection of other fiscal outlook material on our fiscal outlook budget page.
https://lao.ca.gov/Publications/Detail/4118

The 2020-21 Budget: California's Fiscal Outlook

Nov 20, 2019 - The first aim of the Fiscal Outlook is to answer whether the state will have sufficient resources to pay for its existing commitments in the upcoming budget year (in this case, 2020 ‑21). As has been the case in recent years, the answer to this question is yes.
https://lao.ca.gov/Publications/Report/4111

The 2020-21 Budget: The Fiscal Outlook for Schools and Community Colleges

Nov 20, 2019 - The 2020-21 Budget: The Fiscal Outlook for Schools and Community Colleges Summary Relatively Strong Growth Projected in School and Community College Funding. Each year, the state calculates a “minimum guarantee ” for school and community college funding based upon a set of formulas established by Proposition 98 (1988).
https://lao.ca.gov/Publications/Report/4113

The 2020-21 Budget: Medi-Cal Fiscal Outlook

Nov 20, 2019 - Federal denial of the MCO tax would increase General Fund expenditures in 2020 ‑21 (and in the subsequent years) by as much as $2  billion relative to our projections in Medi-Cal. Implementation of Other Major Recent Policy Changes Expansion of Full-Scope Coverage for Undocumented Adults Age 19 Through 25.
https://lao.ca.gov/Publications/Report/4116

The 2020-21 Budget: Debt Service on Infrastructure Bonds

Nov 20, 2019 - In total, we estimate that the amount the state pays for debt service from the General Fund will grow from $5.7  billion in the current year to $6.4  billion in 2023 ‑24. Our projections do not include any additional debt service costs for new bonds that might be authorized by the voters or the Legislature during the forecast period, such as Proposition  13, a $15  billion general obligation bond for schools scheduled for the March  2020 election.
https://lao.ca.gov/Publications/Report/4118

The 2020-21 Budget: California's Fiscal Outlook [Publication Details]

Nov 20, 2019 - The 2020-21 Budget: California's Fiscal Outlook [Publication Details] The 2020-21 Budget: California's Fiscal Outlook Format: HTML Description: The annual Fiscal Outlook publication gives our office’s independent assessment of the California state budget condition for the upcoming fiscal year and over the longer term.
https://lao.ca.gov/Publications/Detail/4111

The 2020-21 Budget: The Fiscal Outlook for Schools and Community Colleges [Publication Details]

Nov 20, 2019 - The 2020-21 Budget: The Fiscal Outlook for Schools and Community Colleges [Publication Details] The 2020-21 Budget: The Fiscal Outlook for Schools and Community Colleges Format: HTML Description: This report examines how the Proposition 98 minimum guarantee might change over the coming years.
https://lao.ca.gov/Publications/Detail/4113

The 2020-21 Budget: Medi-Cal Fiscal Outlook [Publication Details]

Nov 20, 2019 - This web post provides detail on our projections and assumptions related to General Fund spending in Medi-Cal for the years 2019-20 through 2023-24. In the near term, we project Medi-Cal spending to grow to $23.5 billion in 2020-21. Over the long term, we project General Fund spending in Medi-Cal to grow to up to $27.6 billion.
https://lao.ca.gov/Publications/Detail/4116