The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Business Tax Credits Extends Film Tax Credit by Five Years. The budget package extends the motion picture tax credit through the 2024 ‑25 fiscal year. The California Film Commission competitively awards up to $330 million per year in tax credits to motion picture production companies.
https://lao.ca.gov/Publications/Report/3870/12

The 2019-20 Budget: Proposition 98 Outlook

Nov 14, 2018 - After 2020 ‑21, CalSTRS can increase or decrease the district rate by up to 1  p ercentage point per year, provided the total district rate does not exceed 20. 25  p ercent.  Under CalSTRS ’ current projections, the district rate would drop to 18. 2  p ercent for 2021 ‑22 and 2022 ‑23.
https://lao.ca.gov/Publications/Report/3897

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Career Technical Education Funds Third and Final Year of Career Technical Education (CTE) Incentive Grant Program. The 2015 ‑16 budget package created a three ‑year competitive grant program to promote CTE at secondary schools.
https://lao.ca.gov/Publications/Report/3694/3

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - The spending plan includes a one-time appropriation of $25  million General Fund in 2021 ‑22 (available for encumbrance or expenditure until June 30, 2024) for the department to fund technology modernization solutions proposed by state entities.
https://lao.ca.gov/Publications/Report/4452

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - (The Chancellor has discretion whether to weight the one –year and two –year measures equally or assign a greater weight to one.) Another 25  percent is based on the district ’s share of all BOG fee waiver recipients.
https://lao.ca.gov/Publications/Report/3487/3

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - However, legislative reauthorization of a similar MCO tax for a three ‑year period beginning in January 2023 could result in around $2 billion in annual General Fund savings relative to our projections in 2023 ‑24 and 2024 ‑25 and $1 billion in General Fund savings in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4474

Cal Facts: 2016

Dec 5, 2016 - Proposition  55 extends the income tax increases through 2030. 2 (2014) Sets new rules for state and school budget reserves and debt payments. Historical Budget Reserve Balances Percent of Revenues and Transfers Each year, the Legislature passes a budget with some reserves to cover unanticipated revenue shortfalls or higher costs.
https://lao.ca.gov/Publications/Report/3511/1

The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - Accordingly, the budget package provides $9.6 million General Fund—increasing to $209 million annually by 2024‑25—to assist counties with their increased responsibilities. These costs would be at least partially offset in future years from state savings related to reductions in the DJJ population.
https://lao.ca.gov/Publications/Report/4263

An Update on California’s Cash Management Situation

Aug 31, 2020 - Meanwhile, the state ’s 2020-21 budget package took steps to begin payment deferrals to schools at the end of 2019-20. As a result, payments to schools in June of 2020 were only $300  million, compared to $6  billion anticipated earlier this year.
https://lao.ca.gov/Publications/Report/4266

Despite Fiscal Forecasting Uncertainties, Multiyear Budget Planning Essential

May 27, 2021 - This manifests in operating deficits that persist through the outlook horizon (2024‑25). Adopting a budget with this combination of assumptions is inadvisable in our view. One reason is that—given the state’s balanced-budget requirement—doing so requires assuming that the multiyear budget projections are wrong.
https://lao.ca.gov/Publications/Report/4443