The 2020-21 Budget: Proposition 2 Debt Payment Proposals [Publication Details]

Mar 10, 2020 - The Governor offers one strategy to prioritize these funds over the next few years. Notably, the Governor focuses on the state’s share of the unfunded liability for teachers’ pensions. While we agree this focus makes sense, the amounts the Governor proposes dedicating to this purpose are not connected to the specific actuarial needs of the teachers’ pension system.
https://lao.ca.gov/Publications/Detail/4196

The 2014-15 Budget: California Spending Plan [Publication Details]

Oct 13, 2014 - The LAO’s annual California Spending Plan publication details the 2014-15 budget package, including legislative and gubernatorial actions through October 2014. (An initial version of this publication was released in early August 2014. This final version of the publication also reflects later legislative and gubernatorial actions concerning the budget.
https://lao.ca.gov/Publications/Detail/3049

Fiscal Outlook: Medi-Cal

Nov 14, 2018 - As a result, growth in year-over-year spending is projected to be slower in the final years of our outlook than the elevated growth in the earlier years. MCO Tax. We project that the expiration of the MCO tax will increase General Fund spending in Medi-Cal to almost $1.9  billion annually by 2020-21.
https://lao.ca.gov/Publications/Report/3898

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - This year ‑over ‑year decrease largely reflects a difference between when funds are allocated and when they are spent. A significant amount of estimated spending in the prior year was from funds that were allocated, but unspent, in earlier years.
https://lao.ca.gov/Publications/Report/3694/9

The 2020-21 Budget: California's Fiscal Outlook [Publication Details]

Nov 20, 2019 - The 2020-21 Budget: California's Fiscal Outlook [Publication Details] The 2020-21 Budget: California's Fiscal Outlook Format: HTML Description: The annual Fiscal Outlook publication gives our office’s independent assessment of the California state budget condition for the upcoming fiscal year and over the longer term.
https://lao.ca.gov/Publications/Detail/4111

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The 2017-18 Budget: California Spending Plan California Spending Plan State Spending in 2017-18 Budget Each year, our office publishes the California Spending Plan that summarizes the annual state budget.
https://lao.ca.gov/Publications/Report/3694/13

Fiscal Outlook: Medi-Cal

Nov 15, 2017 - Underlying Growth in Medi-Cal The underlying sources of year-over-year growth in Medi-Cal spending are changes in caseload and per-enrollee costs. We discuss our estimates for both of these factors below.
https://lao.ca.gov/Publications/Report/3715

A History of California’s Budget Reserves

Mar 24, 2017 - A History of California’s Budget Reserves March 24, 2017 A History of California ’s Budget Reserves State Passes a Budget Each Year. By June 15 of each year, the Legislature must pass, and the Governor signs, a budget for the upcoming fiscal year (which runs from July 1 to June 30).
https://lao.ca.gov/Publications/Report/3630

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - This year ‑over ‑year decrease in General Fund spending is largely the result of one ‑time spending augmentations in 2016 ‑17 that are ending. In addition, $3.4  million in Proposition  56 revenues will offset General Fund spending in DPH ’s Oral Health Program.
https://lao.ca.gov/Publications/Report/3694/6

The 2020-21 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2020 - The Governor allocates most of the surplus toward one-time purposes, including maintaining a positive year-end balance in the state’s discretionary reserve. Under the administration’s estimates, total reserves would reach $20.5 billion at the end of 2020-21—this represents a $1.7 billion increase from the 2019-20 enacted level.
https://lao.ca.gov/Publications/Detail/4135