The 2020-21 Budget: Proposition 2 Debt Payment Proposals

Mar 10, 2020 - In those intervening years, there would be a difference between the rate the state is paying and the rate the state would pay if the CalSTRS board had full rate setting authority. In dollar terms, this difference would very roughly equal $ 525  m illion in the first year, $ 350  m illion in the second year, and $ 175  m illion in the third year.
https://lao.ca.gov/Publications/Report/4196

The 2015-16 Budget: California Spending Plan [Publication Details]

Oct 19, 2015 - Each year, the Legislative Analyst's Office publishes its Spending Plan publication to summarize the state's annual budget. Passed in June 2015, with various amendments later during the year's legislative session, the state's 2015-16 spending plan includes a large increase in funding for schools and community colleges.
https://lao.ca.gov/Publications/Detail/3302

The 2021-22 Budget: California Spending Plan Series [Publication Details]

Aug 24, 2021 - 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 2021-22 budget package. As more of these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4464

The 2013-14 Budget: Overview of the Governor's Budget - The 2013-14 Budget: Overview of the Governor's Budget [Video]

The budget contains major proposals in education, including a new formula for funding schools and additional resou rces for the public university systems, and presents alternatives for implementing the federal health care reform law.
https://lao.ca.gov/Videos/Player?playlistId=30

The Quiet Transformation in California’s Cash Management

Aug 29, 2019 - California’s constitutional balanced budget requirement notwithstanding, some form of short-term borrowing is necessary because cash receipts and disbursements within the year do not line up. General Fund disbursements are spaced relatively evenly throughout the fiscal year while a majority of tax collections are received later in the year.
https://lao.ca.gov/Publications/Report/4091

The 2020-21 Budget: Overview of the California Spending Plan (Final Version) [Publication Details]

Oct 5, 2020 - The 2020-21 Budget: Overview of the California Spending Plan (Final Version) [Publication Details] The 2020-21 Budget: Overview of the California Spending Plan (Final Version) Format: HTML Description: Each year, our office publishes the California Spending Plan to summarize the annual state budget.
https://lao.ca.gov/Publications/Detail/4263

COVID-19 and California’s Evolving Fiscal Outlook

Mar 18, 2020 - The extended tax filing due date —while justified —will further complicate the task of developing revised revenue estimates both for the current year and the 2020 ‑21 fiscal year. Given that it will take time to appraise the ultimate effects on the state, the Legislature may need to take incremental steps —like adopting a workload budget in the nearer term —to
https://lao.ca.gov/Publications/Report/4203

Managing California’s Cash

Sep 3, 2019 - Revenues in this year came in far below expectations, meaning the cash deficit went below $ 20  b illion and the year ended with a cumulative cash deficit of $ 10  b illion. California Faced a Frozen Credit Market in September of 2008.
https://lao.ca.gov/Publications/Report/4092

The 2019-20 May Revision: LAO Revenue Outlook

May 12, 2019 - Corporation Tax (CT) CT Collections Surged in the Current Year. With two collection months remaining in the fiscal year, we expect that CT revenues will exceed the administration ’s January estimate by well over 10  percent.
https://lao.ca.gov/Publications/Report/4037

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