The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - The 2023-24 spending plan provides over $30 billion from the General Fund for human services programs. This is an increase of nearly $7 billion, or 30 percent, compared to the revised prior-year spending level.
https://lao.ca.gov/Publications/Report/4812

Funding for students attending private schools. [Ballot]

Nov 2, 2023 - For example, if 300,000 public school students (about 5  percent) moved to private schools, state spending on this program would increase by more than $5  billion. If 1.5  million students (about 25  percent) moved to private schools, spending for this program would increase nearly $26  billion.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-026

Managed care organization tax. [Ballot]

Oct 27, 2023 - Revenues in excess of the limit, over a two-year period, trigger a requirement for the state t o make taxpayer rebates and additional school payments. Summary of Fiscal Effects. We estimate that the measure would result in the following major fiscal impacts: Uncertain overall impact on state revenues and spending, including reduced legislative flexibility over the use of MCO tax funds.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-024

Homeownership affordability. [Ballot]

Oct 27, 2023 - Local governments rely on a variety of taxes and fees to fund their services, like schools, fire and police, public works, and parks. The property and sales taxes generally are the largest sources of local tax revenue for cities and counties.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-025

Personal finance education. [Ballot]

Oct 25, 2023 - The local governing board may further require a full -year course in personal finance to graduate from high school. Fiscal Effects As we discuss below, this measure could result in various increased costs to schools in the first few years that would be supported with funds provided to schools under the existin g minimum funding requirement for K-12 schools and community colleges.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-022

Drug crimes. [Ballot]

Oct 25, 2023 - For example, people who receive five years in prison (such as because they were previously convicted of a sex crime) for selling fentanyl under current law could instea d receive up to 12 years for selling fentanyl resulting in death under the measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-023

California’s Cap-and-Trade Program: Frequently Asked Questions

Oct 24, 2023 - For example, the board is expected to initiate a process in 2024 which may include potential changes related to program stringency and the allocation of allowanc es to certain industrial entities. CARB has made numerous changes to the program in past years, including adjusting the supply of allowances and establishing the linkage with Quebec ’s carbon market.
https://lao.ca.gov/Publications/Report/4811

The 2023-24 California Spending Plan: Health

Oct 23, 2023 - The 2023-24 California Spending Plan: Health $4,626 $19,402 a Tax would begin April 2023 and extend through calendar year 2026. Tax rates would be adjusted at the start of each calendar year. This table converts amounts to a state fiscal year (extending from July though June) and cash budgeting basis, reflecting
https://lao.ca.gov/Publications/Report/4810

Medi-Cal Rx program and revenues from federal drug price discounts. [Ballot]

Oct 19, 2023 - The entity would be prohibited from reapplying for tax-exempt status or the relevant l icenses for ten years. Also during this ten-year period, the entity would be ineligible to receive any new or renewed state or local government grants or contracts.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-021

The 2023-24 California Spending Plan: Housing and Homelessness

Oct 19, 2023 - A spending delay is an expenditure reduction proposed for the budget window (2021-22 through 2023-24) with an associated, offsetting cost increase in a future year of the multiyear (2024-25 through 2026-27).
https://lao.ca.gov/Publications/Report/4808