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

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

Amid Good Fiscal Times, Planning for the Future Is Crucial

May 21, 2019 - New Ongoing Spending in the May Revision Is Nearing the Sustainable Limit To assess whether the state has capacity for new ongoing spending commitments, we estimate the difference between revenues and expenditures in the budget year and for several years ahead.
https://lao.ca.gov/Publications/Report/4051

California's Fiscal Outlook: LAO Projections, 2002-03 Through 2007-08 [Publication Details]

Nov 14, 2002 - Current Year: California will end the 2002-03 fiscal year with a General Fund deficit of $6.1 billion. Budget Year: The 2003-04 budget faces a cumulative year-end deficit of $21.1 billion, absent corrective actions.
https://lao.ca.gov/Publications/Detail/913

Fiscal Outlook: In-Home Supportive Services (IHSS)

Nov 14, 2018 - This, in part, may be due to IHSS service hours being temporarily reduced in some years and restored in others, resulting in IHSS service hours fluctuating by a greater amount year to year relative to average growth trends.
https://lao.ca.gov/Publications/Report/3899

The Great Recession and California's Recovery [Publication Details]

Dec 13, 2018 - The Great Recession and California's Recovery [Publication Details] The Great Recession and California's Recovery Format: PDF Description: Nearly ten years ago today, Governor Schwarzenegger's proposed budget for the upcoming fiscal year projected a $42 billion deficit.
https://lao.ca.gov/Publications/Detail/3910

The 2019-20 Budget: Proposition 98 Outlook [Publication Details]

Nov 14, 2018 - In this report, we examine how the minimum guarantee might change over the next several years and discuss the factors likely to be driving those changes. We then examine key aspects of district budgets—focusing on the main cost pressures facing districts over the next several years.
https://lao.ca.gov/Publications/Detail/3897

The 2020-21 Budget: California Spending Plan Series [Publication Details]

Oct 5, 2020 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The final version of Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2020-21 budget package. As more of these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4330

Evolution of the Balance of the Budget Stabilization Account

Nov 14, 2018 - Each year that General Fund tax revenues grow, this 10  percent threshold also grows. As such, in each of these years, the state is required to make deposits into the BSA to bring the fund to the revised estimate of 10  percent of General Fund taxes.
https://lao.ca.gov/Publications/Report/3900