State Fiscal Picture 2003-04 [Publication Details]

Feb 19, 2003 - California faces an unprecedented budget shortfall--roughly one-third of the General Fund budget-- due to an unexpected dramatic decline in state tax receipts combined with ongoing increases in state government costs. The Governor's budget proposal, would eliminate the while its large amount of ongoing savings would also address California's long-term structural imbalance.
https://lao.ca.gov/Publications/Detail/942

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - This increase is due to College Access Tax Credit Fund revenues growing from $1.8  million in 2015 –16 to $5.1  million in 2016 –17 . Additionally, the budget increases the amount of federal TANF supporting Cal Grants by $405  million and decreases General Fund by the same amount.
https://lao.ca.gov/Publications/Report/3487/5

The 2017-18 Budget: California's Fiscal Outlook

Nov 16, 2016 - Under our current projections, assuming no changes in existing state and federal policies, we estimate the state will end the 2017-18 fiscal year with $11.5 billion in total reserves. This includes $8.7 billion in required reserves, which must be deposited into the rainy day fund, and $2.8 billion in discretionary reserves, which the Legislature can appropriate for any purpose.
https://lao.ca.gov/Publications/Report/3507/1

Options for Addressing the State's Fiscal Problem [Publication Details]

Jan 1, 1992 - In order to bring revenues and spending into balance on a permanent basis, the Legislature will need to make significant reductions in spending on major programs, as well as reexamine the coverage and structure of the state's tax system. An early start is needed to lay the groundwork for these difficult decisions.
https://lao.ca.gov/Publications/Detail/1943

Overview of the 2000-01 Governor's Budget [Publication Details]

Jan 14, 2000 - Recent economic and revenue trends have continued to far surpass expectations. These positive trends are likely to result in revenues exceeding the Governor's budget forecast by $3 billion in the current year and budget year combined.
https://lao.ca.gov/Publications/Detail/652

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

Overview of the 2001-02 Governor's Budget [Publication Details]

Jan 12, 2001 - The Governor released his proposed state budget on January 10th. The budget assumes $2.3 billion less in resources than the $10.3 billion in uncommitted funds we reported in November, primarily reflecting the recent slowing in the national economy. The budget proposal allocates the remaining $8 billion in uncommitted resources to finance increased spending ($5.
https://lao.ca.gov/Publications/Detail/745

Additional Options for Addressing the State’s Fiscal Problem [Publication Details]

Feb 18, 2004 - In this piece, we present options for the Legislature's consideration. We have identified expenditures that may be considered of lower priority in tough budget times. It is not that these activities are without merit or not desirable. In better fiscal times we would not necessarily put such options on the table. However, we offer them in the context of a need to solve a massive budget shortfall.
https://lao.ca.gov/Publications/Detail/1098

The 1987 Budget Act: A Summary [Publication Details]

Aug 1, 1987 - This report summarizes the fiscal effect of the 1987 Budget Act (SB 152). In addition, it highlights the funding levels approved for the state's major programs in 1987-88, and compares these funding levels to those authorized in prior years.
https://lao.ca.gov/Publications/Detail/2004