The 1988-89 Budget: Perspectives and Issues [Publication Details]

Feb 1, 1988 - (227 pages, 7.5 MB) The Governor's Budget for 1988-89 anticipates continued moderate growth in the California economy, and projects that revenue collections will be sufficient to fund normal workload increases and statutory requirements, as well as provide funds to address certain other state priorities.
https://lao.ca.gov/Publications/Detail/2047

Perspectives on the Economy and Demographics 2005-06 [Publication Details]

Feb 22, 2005 - The California economy is expanding at a healthy pace in early 2005, as evidenced by real estate construction, exports, company reports of sales and profits, and business-related tax receipts. The one area of concern remains jobs, which are lagging due to intense focus on cost cutting and efficiencies.
https://lao.ca.gov/Publications/Detail/1232

California's Fiscal Outlook: LAO Projections, 2003-04 Through 2008-09 [Publication Details]

Nov 14, 2003 - According to our projections, the state is facing a year-end shortfall of $10.2 billion in 2004-05 assuming the vehicle license fee (VLF) rate increase remains in effect, and substantially more if the rate is rolled back and the state resumes backfill payments to localities.
https://lao.ca.gov/Publications/Detail/1060

Perspectives on the Economy and Demographics 2006-07 [Publication Details]

Feb 22, 2006 - Despite a slowdown in the final quarter of the year, the U.S. and California economies generally outperformed expectations in 2005, shrugging off soaring energy costs, rising interest rates, and the impacts of three major hurricanes on Gulf Coast states.
https://lao.ca.gov/Publications/Detail/1388

Perspectives on the Economy and Demographics 2004-05 [Publication Details]

Feb 18, 2004 - The U.S. and California economies are entering 2004 with significant momentum which we believe will continue through the budget year. The one major exception to the generally upbeat economic picture is employment growth, which continues to lag despite major gains in consumer and business spending and output in the economy.
https://lao.ca.gov/Publications/Detail/1090

2005-06 Budget: Perspectives and Issues [Publication Details]

Feb 22, 2005 - The Legislature has an important budget opportunity. We project that revenues are $2.2 billion higher (for the current and budget years combined) than reflected in the Governor's budget. This, combined with the magnitude of ongoing solutions proposed in the budget plan, would result in a balanced 2005-06 budget with a solid reserve. However, the price of inaction is significant.
https://lao.ca.gov/Publications/Detail/1230

Perspectives on State Revenues 1994-95 [Publication Details]

Feb 23, 1994 - General Fund revenues are expected to support 73 percent of the proposed $55.6 billion total 1994-95 spending plan.
https://lao.ca.gov/Publications/Detail/194

2007-08 Budget: Perspectives and Issues [Publication Details]

Feb 21, 2007 - We estimate that the Governor’s budget plan would result in 2007-08 expenditures exceeding revenues by $2.6 billion. This would leave the state with a $726 million year-end deficit, compared to the Governor’s January 10th estimate of a $2.1 billion positive reserve. In addition, the state would face operating deficits of $3.4 billion in 2008-09, $2.5 billion in 2009-10, and $1.
https://lao.ca.gov/Publications/Detail/1560

The 1987-88 Budget: Perspectives and Issues [Publication Details]

Feb 1, 1987 - (280 Pages, 13MB) The Governor's Budget for 1987-88 reflects an anticipated temporary slowdown in the California economy. Projected revenues will not be sufficient to both fund the current level of services and restore the reserve to a $1 billion level. Faced with this choice, the budget gives its highest priority to the restoration of the reserve.
https://lao.ca.gov/Publications/Detail/2048