The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - The SCO and CalHR currently expect to complete the PAL process in 2024-25 and begin development and implementation of the project shortly thereafter. The preliminary baseline cost and schedule for the proposed CSPS IT project (provided as part of the Stage 2 Alternatives Analysis) is $767  million General Fund, with a five-and-a-half-year time line to develop and implement the new payroll system.
https://lao.ca.gov/Publications/Report/4814

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 3 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Health and Human Services General Fund (In millions) Service provider rate reform acceleration $34 Workforce stability initiative and administrative costs 1 Continue the Coordinated Family Support pilot program 11 Modernizing the Older Californians Act 87 Behavioral Health
https://lao.ca.gov/Publications/Report/4788/4

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - The 2022 ‑23 budget package also included intent language to provide an additional $2.1   billion in 2023 ‑24 and $875   million in 2024 ‑25. The budget provides about $2   billion to the SFP in 2023 ‑24, which is $100   million less than the previously intended augmentation, and continues to assume an additional $875   million will be provided in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4788

The 2023-24 Budget: California Spending Plan Series [Publication Details]

Oct 2, 2023 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The final version of Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2023-24 budget package. As these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4835

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - As a result, the Legislature would need to address this additional budget problem as part of the 2024 ‑25 budget process. (This would add to the double ‑digit budget problem for 2024 ‑25 already projected under both our and the administration ’s estimates, as we describe below.)
https://lao.ca.gov/Publications/Report/4772

The 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - We define a delay as an expenditure reduction proposed for the budget window (2021‑22 through 2023‑24) with an associated cost increase in a future year of the multiyear (2024‑25 through 2026‑27). That is, the spending would be moved to a future year.
https://lao.ca.gov/Publications/Report/4769

Whether or Not to Tap Reserves to Solve Estimated Budget Problem Emerges as Key Fiscal Decision Facing California’s Legislature

Apr 19, 2023 - (The state also has an additional nearly $10 billion in reserves that it can use specifically to supplement constitutionally required funding for schools and community colleges.) On the other hand, our office maintains that the economy is at a heightened risk of going into a recession, which could cause the state’s budget problem to metastasize.
https://lao.ca.gov/Publications/Report/4762

The 2023-24 Budget: Multiyear Assessment

Feb 15, 2023 - Governor ’s Budget Likely Unaffordable in Future Years. Under the administration ’s projections, the state faces operating deficits of $9  billion in 2024 ‑25, $9  billion in 2025 ‑26, and $4  billion in 2026 ‑27.
https://lao.ca.gov/Publications/Report/4687

The 2023-24 Budget: State Appropriations Limit Estimates

Feb 1, 2023 - Specifically, while the state might have more room in years when revenue growth is lower than historical averages—such as this year—over the long term, we expect the state to continue to reach the limit.
https://lao.ca.gov/Publications/Report/4667

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - We define a delay as an expenditure reduction that occurs in the budget window (2021 ‑22 through 2023 ‑24), but has an associated expenditure increase in a future year of the multiyear window (2024 ‑25 through 2026 ‑27).
https://lao.ca.gov/Publications/Report/4662