The 2016-17 Budget: California's Fiscal Outlook [Publication Details]

Nov 18, 2015 - Under the main economic scenario in this year's LAO Fiscal Outlook, 2016-17 would end with reserves of $11.5 billion, assuming the state makes no new budget commitments through next year. If the economy continues to grow through 2019-20, annual operating surpluses and larger reserves could materialize, and there may be capacity for some new budget commitments—whether spending increases or tax reductions.
https://lao.ca.gov/Publications/Detail/3305

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

The 2013-14 Budget: California's Fiscal Outlook [Publication Details]

Nov 14, 2012 - Our economic and budgetary forecast indicates that California's leaders face a dramatically smaller budget problem in 2013-14 compared to recent years. Furthermore, assuming steady economic growth and restraint in augmenting current program funding levels, there is a strong possibility of multibillion-dollar operating surpluses within a few years.
https://lao.ca.gov/Publications/Detail/2668

The 2013-14 Budget: Overview of the May Revision [Publication Details]

May 17, 2013 - After years of "boom and bust" budgeting, California's leaders now have the opportunity to build a budget for future years that gives the state more choices about how to build reserves in times of healthy revenue growth, prioritize future state spending, and pay off past debts.
https://lao.ca.gov/Publications/Detail/2745

California's Fiscal Outlook: LAO Projections, 2004-05 Through 2009-10 [Publication Details]

Nov 17, 2004 - According to our projections, the state is facing a year-end shortfall of $6.7 billion in 2005-06. Over the longer term, absent corrective actions, the state faces persistent annual current-law operating deficits that peak at nearly $10 billion in 2006-07, before narrowing somewhat in subsequent years.
https://lao.ca.gov/Publications/Detail/1203

Cal Facts: 2016

Dec 5, 2016 - The IHSS cost per consumer grew annually by an average of 5  percent between 2006-07 and 2009-10, slowing to an average of 3  percent per year through 2014-15. Since then, IHSS cost per consumer has grown significantly at an estimated average of 15  percent per year.
https://lao.ca.gov/Publications/Report/3511/3

Fiscal Outlook: In-Home Supportive Services (IHSS) [Publication Details]

Nov 15, 2017 - In this fiscal outlook post, we discuss our near- and long-term costs projections for the In-Home Supportive Services (IHSS) Program and significant cost drivers and savings. This is part of a collection of material for The 2018-19 Budget: California’s Fiscal Outlook. See a complete list of this year's fiscal outlook material on our fiscal outlook budget page.
https://lao.ca.gov/Publications/Detail/3712

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The 2017-18 Budget: California Spending Plan California Spending Plan (Final Version) Each year, our office publishes the California Spending Plan to summarize the annual state budget. This publication discusses the 2017 ‑18 Budget Act and other major budget actions approved in 2017.
https://lao.ca.gov/Publications/Report/3694

Fiscal Outlook Addendum: CalPERS

Nov 18, 2015 - Specifically, after years when the CalPERS portfolio generates returns that are 4 or more percentage points above the system's discount rate assumption, the plan would gradually ratchet down the discount rate and the risk profile of the CalPERS portfolio.
https://lao.ca.gov/Publications/Report/3308

An Overview of State Expenditures 2002-03 [Publication Details]

Feb 20, 2002 - The Governor's budget proposes total state spending in 2002-03 of $97.9 billion, including spending from both the state's General Fund and its special funds (see Figure 1). Total budget-year spending is slightly less than estimated current-year spending—by $402 million (0.4 percent).
https://lao.ca.gov/Publications/Detail/830