The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Budget Overview State Spending Figure  1 displays total state and federal spending in the 2016 –17 budget package as of June 2016. As shown in the figure, the budget at that time assumed total state spending of $167.1  billion (not including federal and bond funds), an increase of 3.2  percent over revised totals for 2015 –16 .
https://lao.ca.gov/Publications/Report/3487

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - This IT project will replace the state ’s aging and decentralized IT financial systems with a new system integrating state government processes in the areas of budgeting, accounting, cash management, and procurement.
https://lao.ca.gov/Publications/Report/3487/11

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - The state uses the SACS system to collect financial data from LEAs and meet various reporting requirements. The state initially approved the SACS replacement project in 2011. In 2014, the state approved a major cost escalation of the project (from $5.9  million to $21.2  million).
https://lao.ca.gov/Publications/Report/3487/3

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Slots Budget Package Increases Funding for State Preschool Slots. The budget provides $34  million for the State Preschool program to annualize the cost of preschool slots added January 1, 2015. The budget also provides $8  million for 2,959 new full –day State Preschool slots at LEAs starting April  1, 2017.
https://lao.ca.gov/Publications/Report/3487/4

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - The law, Chapter  773 of 2015 (AB  403, Stone), made significant changes to the way the state cares for children who have been removed from their home and placed into the state ’s foster care system.
https://lao.ca.gov/Publications/Report/3487/7

LAO Multiyear State Budget Outlook

May 20, 2016 - LAO Multiyear State Budget Outlook May 20, 2016 LAO Multiyear State Budget Outlook This post presents our multiyear outlook for California ’s General Fund through 2019-20 based on current state law and policies, as modified by the Governor ’s May Revision proposals.
https://lao.ca.gov/Publications/Report/3472

LAO Multiyear State Budget Outlook [Publication Details]

May 20, 2016 - LAO Multiyear State Budget Outlook [Publication Details] LAO Multiyear State Budget Outlook Format: HTML Description: This online post is our office’s multiyear outlook for California’s General Fund through 2019-20 based on current state law and policies, as modified by the Governor’s May Revision proposals.
https://lao.ca.gov/Publications/Detail/3472

Proposed Reserves in the Governor’s May Revision

May 17, 2016 - In this process, the state reevaluates each year ’s BSA deposit twice: once in each of the two subsequent budgets. The state revises the BSA deposit up (down) if excess capital gains are higher (lower) than the state ’s prior estimates.
https://lao.ca.gov/Publications/Report/3463

Proposed Reserves in the Governor’s May Revision [Publication Details]

May 17, 2016 - In the May Revision, the Governor proposes ending 2016-17 with $8.5 billion in total state General Fund reserves. This total reserve level is down $1.7 billion from January, but still represents an increase of about $4 billion over the level assumed in the 2015-16 budget plan.
https://lao.ca.gov/Publications/Detail/3463

The 2016-17 Budget: Initial Comments on the Governor’s May Revision

May 15, 2016 - Since the Governor released his budget in January 2016, the state has made several significant budget commitments. Together, these budgetary commitments represent substantial new ongoing costs for the state.
https://lao.ca.gov/Publications/Report/3460