The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - Our estimates of General Fund revenues and transfers for the “budget window ” —2016-17 through 2018-19 —are $2.6 billion above the administration ’s May 2018 revenue forecast. Figure 1 displays our General Fund revenue outlook through 2021-22.
https://lao.ca.gov/Publications/Report/3830

The 2019-20 May Revision: LAO Revenue Outlook

May 12, 2019 - Our estimates of General Fund revenues and transfers for the “budget window ” —2017 ‑18 through 2019 ‑20 —are $774  million (0.2  percent) above the administration ’s May 2019 revenue forecast. Figure  1 displays our General Fund revenue outlook through 2022 ‑23.
https://lao.ca.gov/Publications/Report/4037

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The 2017 ‑18 budget transfers $851  million from the SPIF to the General Fund. To replace the transferred funding, the budget authorizes the use of $851   million of lease revenue bonds to finance the construction of the two new state office buildings.
https://lao.ca.gov/Publications/Report/3694/1

Evolution of the Balance of the Budget Stabilization Account

Nov 14, 2018 - Proposition  58 explicitly permitted the Legislature to transfer amounts into the BSA so that its balance exceeded either of these thresholds. Deposit Made Under Rules of Proposition  58 in 2014 ‑15 Budget Package.
https://lao.ca.gov/Publications/Report/3900

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - These revenues provide transportation funding via transfers to the Public Transportation Account. The budget package directs the State Controller to continue making transfers to the Public Transportation Account as if the tax suspension had not occurred.
https://lao.ca.gov/Publications/Report/4626

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - This includes more sizeable “negative transfers ” in 2016 –17 (the result of a larger deposit into the state ’s rainy day fund) and a decline in proceeds from the insurance tax (which falls as a result of the managed care organization tax package adopted this year).
https://lao.ca.gov/Publications/Report/3487

Building Reserves to Prepare for a Recession

Mar 7, 2018 - Passed by voters in 2004, Proposition   58 r equired the state to make an annual transfer into the BSA. These required deposits were to gradually increase from 1  p ercent of General Fund revenues in 2006 ‑ 07 t o 3  p ercent in 2008 ‑09 and every year thereafter.
https://lao.ca.gov/Publications/Report/3769

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The  year ‑over ‑year  net decrease is largely due to the transfer of responsibility and funding for inpatient psychiatric programs from DSH to CDCR. For more information on this transfer, please see the “Judiciary and Criminal Justice ” section of this report.
https://lao.ca.gov/Publications/Report/3694/6

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Regarding undergraduate enrollment, the budget expects UC to enroll 1,500 more students in 2018 ‑19 over the 2017 ‑18 level and to enroll at least one new transfer student for every two new freshmen.
https://lao.ca.gov/Publications/Report/3694/5

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - Across 2021 ‑22, 2022 ‑23, and 2023 ‑24, our estimates of revenues and transfers (excluding transfers to the BSA) are lower than budget act projections by  $41  billion. Formula ‑Driven Spending on Schools and Community Colleges Offsets Revenue Losses by $13   Billion.
https://lao.ca.gov/Publications/Report/4646