The 2004-05 Budget: Perspectives and Issues [Publication Details]

Feb 18, 2004 - Perspectives on the state's fiscal condition and the budget proposed by the Governor for 2004-05.
https://lao.ca.gov/Publications/Detail/1092

State Fiscal Picture 2004-05 [Publication Details]

Feb 18, 2004 - State Fiscal Picture 2004-05 [Publication Details] HTML Description: The basic budget problem currently facing the state involves an unfunded gap of slightly over $17 billion. Most of this—$15 billion—represents an ongoing projected structural imbalance between current-law revenues and expenditures in 2004-05 and beyond.
https://lao.ca.gov/Publications/Detail/1091

Deficiencies: Rethinking How to Address Unexpected Expenses [Publication Details]

Feb 18, 2004 - The Constitution gives the Legislature the power to appropriate funds. In order to address unexpected expenses (or "deficiencies") that arise during a fiscal year, the Legislature provides the administration with limited authority to spend at higher rates than foreseen in the budget act.
https://lao.ca.gov/Publications/Detail/1094

Overview of the 2004-05 Governor's Budget [Publication Details]

Jan 13, 2004 - We believe that the Governor's proposal provides a solid starting point for budget deliberations. It includes realistic revenue and caseload assumptions, as well as real and ongoing solutions from most areas of the budget. At the same time, however, it presents the Legislature with numerous policy issues and concerns.
https://lao.ca.gov/Publications/Detail/1070

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

California Spending Plan 2003-04: The Budget Act and Related Legislation [Publication Details]

Oct 23, 2003 - The Legislature was faced with addressing an enormous two-year General Fund budget shortfall in developing the state's spending plan for 2003-04. We discuss the factors underlying this shortfall, describe the key actions taken to address it, and provide detail on the adopted budget package.
https://lao.ca.gov/Publications/Detail/1057

State Expenditures: History and Forecast [Publication Details]

Jul 16, 2003 - State Expenditures: History and Forecast [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/1039

State Expenditures: History and Forecast [Publication Details]

Jul 10, 2003 - State Expenditures: History and Forecast [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/1038

Overview of the 2003-04 May Revision [Publication Details]

May 19, 2003 - The May Revision adopts a multiyear approach to addressing the state's massive budget problem, relying more on borrowing and less on near-term spending reductions than the January proposal.
https://lao.ca.gov/Publications/Detail/1029

An Overview of State Expenditures 2003-04 [Publication Details]

Feb 19, 2003 - An Overview of State Expenditures 2003-04 [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/938