The 2017-18 Budget: Alternatives to the Governor’s Proposition 2 Proposals

Feb 23, 2017 - In our January 2017 Overview of the Governor’s Budget , we noted that the administration’s estimate of 2017‑18 revenues associated with the personal income tax seemed too low. In particular, the administration’s estimates of revenues from capital gains in 2017‑18 seem inconsistent with their own economic forecasts.
https://lao.ca.gov/Publications/Report/3574

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - This is primarily due to (1)  $52  million in increased revenue to the State Parks and Recreation Fund (SPRF) under Chapter  5 of 2017 (SB  1, Beall), which directed any additional revenue from increased motor vehicle fuel tax revenue attributable to off ‑highway recreational vehicles to SPRF; (2)  one ‑time Proposition  40 (2002) funding of $26  million for local assistance
https://lao.ca.gov/Publications/Report/3694/9

Managing California’s Cash

Sep 3, 2019 - As a state government, California has the power to levy taxes and cannot declare bankruptcy. These factors make the state a reliable borrower. Nonetheless, the state cannot access a credit market that is either unwilling or unable to lend to it.
https://lao.ca.gov/Publications/Report/4092

The 2013-14 Budget: California's Fiscal Outlook - Press Conference Question and Answer [Video]

The state 's economic recovery, prior budget cuts, and the additional, temporary taxes provided by Proposition 30 have combined to bring California to a promising moment: the possible end of a decade of acute state budget challenges.
https://lao.ca.gov/Videos/Player?playlistId=15&videoId=66

The 2013-14 Budget: California's Fiscal Outlook - Press Conference [Video]

The state 's economic recovery, prior budget cuts, and the additional, temporary taxes provided by Proposition 30 have combined to bring California to a promising moment: the possible end of a decade of acute state budget challenges.
https://lao.ca.gov/Videos/Player?playlistId=15&videoId=67

The 2015-16 Budget: California Spending Plan

Oct 19, 2015 - The budget also includes $2 million to provide a 1.02 percent COLA for four categorical programs: (1) CalWORKs Student Services, (2) Disabled Students Programs and Services, (3) Extended Opportunity Programs and Services (EOPS), and (4) Child Care Tax Bailout (which supports campus child care centers that serve as teaching labs for early childhood education students).
https://lao.ca.gov/Publications/Report/3302

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 2012-13 Budget: Overview of the May Revision - The 2012-13 Budget: Overview of the May Revision [Video]

While we find that the administration 's economic and revenue forecasts are reasonable, we are concerned that the amount of property tax revenues from former redevelopment agencies (RDAs) may be substantially less than the May Revision assumes in 2011-12 and 2012-13.
https://lao.ca.gov/Videos/Player?playlistId=75

The 2016-17 Budget: California's Fiscal Outlook - California's Fiscal Outlook [Video]

If the economy continues to grow through 2019-20, annual operating surpluses and larger reserves could materialize, and there may be capacity for some new budget commitments—whether spending increases or tax reductions.
https://lao.ca.gov/Videos/Player?playlistId=95&videoId=143

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The spending plan includes $226.1  million and 57  positions from Proposition  56 (tobacco tax) revenues to implement the provisions of Proposition  56 related to DPH programs, as follows: $181.1  million for the Tobacco Control Branch to fund media campaigns, provide grants to local health departments and other organizations, and conduct program evaluation in an effort to
https://lao.ca.gov/Publications/Report/3694/6