California's Fiscal Outlook: LAO Projections, 2001-02 Through 2006-07 [Publication Details]

Nov 14, 2001 - California will end 2001-02 with a deficit of $4.5 billion, while the 2002-03 budget year faces a shortfall of $12.4 billion and potentially even more if the recovery we are assuming for next spring is delayed. Annual budget shortfalls will persist well beyond 2002-03 absent corrective actions.
https://lao.ca.gov/Publications/Detail/813

California's Fiscal Outlook: LAO Projections 1999-00 to 2004-05 [Publication Details]

Nov 17, 1999 - California's fiscal fortunes have again significantly exceeded expectations, due largely to its robust economic performance and the accompanying increases in General Fund revenues.
https://lao.ca.gov/Publications/Detail/581

State's Fiscal Outlook Brightens [Publication Details]

May 1, 1997 - The administration is scheduled to release the May Revision to its January budget proposal for 1997-98 on May 14. The updated budget plan released each year in May traditionally contains revised revenue and expenditure assumptions reflecting such factors as economic developments and adjusted caseload projections.
https://lao.ca.gov/Publications/Detail/2761

Perspectives on the Economy and Demographics 2005-06 [Publication Details]

Feb 22, 2005 - The California economy is expanding at a healthy pace in early 2005, as evidenced by real estate construction, exports, company reports of sales and profits, and business-related tax receipts. The one area of concern remains jobs, which are lagging due to intense focus on cost cutting and efficiencies.
https://lao.ca.gov/Publications/Detail/1232

Focus Budget 1992: Highlighting Major Features of the 1992 California Budget [Publication Details]

Sep 8, 1992 - On September 2, 1992, Governor Wilson signed into law the 1992 Budget Act and related legislation. The $57.4 billion budget package ended a period of more than two months during which the state government operated without a budget. In addition to the Budget Act itself, the budget package includes 23 other measures that make the law changes necessary to achieve budgeted savings.
https://lao.ca.gov/Publications/Detail/1183

California's Fiscal Outlook: LAO Projections, 2003-04 Through 2008-09 [Publication Details]

Nov 14, 2003 - According to our projections, the state is facing a year-end shortfall of $10.2 billion in 2004-05 assuming the vehicle license fee (VLF) rate increase remains in effect, and substantially more if the rate is rolled back and the state resumes backfill payments to localities.
https://lao.ca.gov/Publications/Detail/1060

Perspectives on the Economy and Demographics 2006-07 [Publication Details]

Feb 22, 2006 - Despite a slowdown in the final quarter of the year, the U.S. and California economies generally outperformed expectations in 2005, shrugging off soaring energy costs, rising interest rates, and the impacts of three major hurricanes on Gulf Coast states.
https://lao.ca.gov/Publications/Detail/1388

Perspectives on the Economy and Demographics 2004-05 [Publication Details]

Feb 18, 2004 - The U.S. and California economies are entering 2004 with significant momentum which we believe will continue through the budget year. The one major exception to the generally upbeat economic picture is employment growth, which continues to lag despite major gains in consumer and business spending and output in the economy.
https://lao.ca.gov/Publications/Detail/1090

2005-06 Budget: Perspectives and Issues [Publication Details]

Feb 22, 2005 - The Legislature has an important budget opportunity. We project that revenues are $2.2 billion higher (for the current and budget years combined) than reflected in the Governor's budget. This, combined with the magnitude of ongoing solutions proposed in the budget plan, would result in a balanced 2005-06 budget with a solid reserve. However, the price of inaction is significant.
https://lao.ca.gov/Publications/Detail/1230

Overview of the 1999-00 May Revision [Publication Details]

May 17, 1999 - The May Revision has many positive features, including major funding for infrastructure, restoration of commitments made last year, and an increase in the state's budgetary reserve. In addressing K-12 education and local government proposals, however, the Legislature may wish to consider more decentralized approaches that recognize differing local needs.
https://lao.ca.gov/Publications/Detail/302