The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - We define a delay as an expenditure reduction that occurs in the budget window (2022 ‑23 through 2024 ‑25), but has an associated expenditure increase in a future year of the multiyear window (2025 ‑26 through 2027 ‑28).
https://lao.ca.gov/Publications/Report/4825

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 13, 2024 - In particular, the data reflect transactions that businesses identified as medicinal donations in calendar year 2023. Number of Patients Served. In 2023, licensees identified 43,574 transactions as medicinal donations.
https://lao.ca.gov/Publications/Report/4912

The 2024-25 Budget: Preliminary May Revision Analysis for CalWORKs

May 29, 2024 - Administration Projects Total CalWORKs Costs to Decrease Year Over Year. The May Revision includes CalWORKs funding of $6.9  billion total funds ($1.2  billion General Fund) in the current year and $6.4  billion total funds ($45  million General Fund) in 2024-25.
https://lao.ca.gov/Publications/Report/4911

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

The 2024-25 Budget: Broadband Infrastructure at May Revision

May 23, 2024 - The administration also proposed $100  million in last-mile project grant funding be delayed from 2024 ‑25 to 2026 ‑27, as well as $250  million from the LLRF be reduced across two fiscal years —$150  million in 2024 ‑25 and $100  million in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4906

The 2024-25 Budget: Broadband Infrastructure

Feb 28, 2024 - This grant program received $1.44  billion to provide states with annual allocations for five calendar years to support the implementation of their digital equity plans. Digital Equity Competitive Grant Program.
https://lao.ca.gov/Publications/Report/4867

The 2024-25 Budget: Deficit Update

Feb 20, 2024 - The 2024-25 Budget: Deficit Update Deficit Update Under LAO Revenue Update, Budget Problem Grows by $15  Billion The state already faces a significant deficit this year — we estimate it totaled $58 billion under the administration’s revenue forecast at the time the Governor’s budget was proposed in January.
https://lao.ca.gov/Publications/Report/4850

The 2024-25 Budget: The Governor’s Proposition 98 Funding Maneuver

Feb 15, 2024 - The 2024-25 Budget: The Governor’s Proposition 98 Funding Maneuver Summary In this brief, we evaluate the Governor ’s novel proposal to allow schools to keep $8  billion of cash disbursements above the minimum requirement without recognizing the budgetary impact of those payments.
https://lao.ca.gov/Publications/Report/4840

The 2024-25 Budget: State Preschool

Apr 16, 2024 - The requirement was initially set to increase to 7.5  percent in 2023 ‑24 and 10  percent in 2024 ‑25 and future years. The 2023 ‑24 budget package delayed these requirements for two years and redirected the associated funding increases in 2023 ‑24 and 2024 ‑25 to the collective bargaining set-aside.
https://lao.ca.gov/Publications/Report/4894

The 2024-25 Budget: Child Care

Apr 15, 2024 - Includes Provisional Language Allowing Administration to Increase CCTR Funding Levels Mid ‑Year. The Governor ’s budget proposes provisional budget language that would allow the Department of Finance (DOF) to increase CCTR funding levels mid ‑year if expenditures are “estimated to exceed the expenditures authorized ” in the 2024 ‑25 budget.
https://lao.ca.gov/Publications/Report/4893