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: The State Appropriations Limit

Sep 30, 2022 - For example, for 2021-22, total SAL revenues and transfers increased from $223  billion at Governor ’s budget to $256  billion at May Revision. As the figure shows, however, the May Revision did not reflect excess revenues across 2020-21 and 2021-22 because the administration also proposed a significant amount of new SAL-excludable spending, much of which was scored to 2021-22, that reduced appropriations subject to the limit.
https://lao.ca.gov/Publications/Report/4631

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - The budget package includes roughly $1.1  billion General Fund (transferred into the California Emergency Relief Fund) in 2021 ‑22 to provide one ‑time retention payments to eligible workers in certain health care facilities, including hospitals and skilled nursing facilities.
https://lao.ca.gov/Publications/Report/4616

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

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 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

July 2009 Budget Package [Publication Details]

Jul 29, 2009 - The budget package projects $89.5 billion of revenues and transfers to the General Fund, and authorizes total General Fund spending of $84.6 billion. The plan leaves the General Fund with an estimated reserve of $500 million at the end of the 2009-10 fiscal year.
https://lao.ca.gov/Publications/Detail/2112

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Districts that fail to register and submit required data will not receive funding for their transfer students. Chapter  15 also reduces funding for students transferring into basic aid districts from 70  percent to 25  percent of the funding those students would have generated in their home districts.
https://lao.ca.gov/Publications/Report/3694/3

Fiscal Outlook Supplement on Proposition 2: True Up Calculations

Dec 3, 2015 - In other words, if the initial estimate was too low, the Legislature must make an additional deposit, whereas if the estimate was too high, the difference is transferred back into the General Fund. As shown in Figure 1, our current estimate of the 2015-16 Proposition 2 requirement includes a $2.2 billion true up deposit made in the 2016-17 budget.
https://lao.ca.gov/Publications/Report/3314

The 2011-12 Budget: Overview of the May Revision [Publication Details]

May 19, 2011 - On the other hand, the Legislature has other options to address the reduced budget shortfall, including adoption of alternative tax proposals, additional program reductions, and selected fund transfers and internal borrowing.
https://lao.ca.gov/Publications/Detail/2482