The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - April 2016 state revenues fell short of projections. As a result, relative to the Governor ’s January budget proposal, the May Revision reflected a net $1.9  billion lower revenue estimate across 2014 –15 , 2015 –16 , and 2016 –17 combined.
https://lao.ca.gov/Publications/Report/3487/2

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - When a state ’s waiver request is approved by the federal government, the state is permitted to waive certain federal requirements on the basis that the waiver serves to further the purpose of the state ’s Medicaid program.
https://lao.ca.gov/Publications/Report/3487/6

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 [Publication Details]

Oct 5, 2016 - This year's California Spending Plan includes an interactive graphic to help the reader visualize how the state budget spent $167 billion in total state revenues. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/3487

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

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

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

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

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

The 2016-17 Budget: Initial Comments on the Governor’s May Revision [Publication Details]

May 15, 2016 - Since January, the state has made budgetary commitments that represent substantial new ongoing costs for the state. These include: (1) an increase in the statewide minimum wage, (2) augmentations for health and human service programs, and (3) increased costs associated with new collective bargaining agreements.
https://lao.ca.gov/Publications/Detail/3460