The 2022-23 Budget: California Spending Plan Series [Publication Details]

Sep 29, 2022 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2022-23 budget package. As more of these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4629

The 2022-23 Budget: California’s Fiscal Outlook [Publication Details]

Nov 17, 2021 - We also find the state will need to allocate about $14 billion to meet the constitutional requirements of the State Appropriation's Limit (SAL) across 2020-21 and 2021-22. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/4472

Long-term Capacity for Debt Payments Under Proposition 2 [Publication Details]

Dec 21, 2017 - Our recent Fiscal Outlook publication considers potential future requirements under Proposition 2 (2014)—including required rainy day fund deposits and payments toward certain state debts. Some have asked whether Proposition 2 debt funding payments can be used to reduce liabilities of teacher and other public employees' pension plans.
https://lao.ca.gov/Publications/Detail/3727

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Other Golden State Stimulus II. The budget includes $8. 1 b illion General Fund in Golden State Stimulus  II payments, the second round of state direct payments to lower ‑income taxpayers. Under the second round, the state will send payments to an estimated 14. 2 m illion taxpayers.
https://lao.ca.gov/Publications/Report/4448

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - Budget act language identifies the purposes for which this funding shall be used, including to improve, retire, or replace existing IT systems in state entities; improve IS in state entities; improve the efficiency and effe ctiveness of state entities; or transition state entities ’ legacy IT systems to cloud computing.
https://lao.ca.gov/Publications/Report/4452

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - CalSTA = California State Transportation Agency; ZEV = zero ‑emission vehicle; Caltrans = California Department of Transportation; CHP = California Highway Patrol; and DMV = Department of Motor Vehicles.
https://lao.ca.gov/Publications/Report/4448/1

CalSTRS and Proposition 98 [Publication Details]

Mar 19, 2014 - In this presentation to the Senate and Assembly public employment committees, we discuss the relationship between a CalSTRS funding plan and Proposition 98, the minimum annual amount of funding required for schools and community colleges in California.
https://lao.ca.gov/Publications/Detail/2980

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - Background Medi ‑Cal, the state ’s Medicaid program, provides health care coverage to around 14  million of the state ’s low ‑income residents. Medi ‑Cal costs generally are shared between the federal and state governments.
https://lao.ca.gov/Publications/Report/4474

Despite Fiscal Forecasting Uncertainties, Multiyear Budget Planning Essential

May 27, 2021 - While the state ’s overall bond rating is a distillation of numerous individual factors —many of them exogenous —budget management is a category over which state officials have direct control. Proposition  2 (2014) enshrined in the State Constitution the Department of Finance ’s (DOF ’s) requirement to semiannually prepare a multiple-year General Fund forecast.
https://lao.ca.gov/Publications/Report/4443

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - The ARP included $350  billion in funding to state and local governments for fiscal recovery in the Coronavirus State Fiscal Recovery Fund. Of this total, California ’s state government will receive about $27  billion.
https://lao.ca.gov/Publications/Report/4432