The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - This proposal would provide all colleges with at least as much funding as they received under certain calculations in 2024 ‑ 25 —regardless of the number of students they serve in the future. The budget provides nearly $3.7  billion for schools and $487  million for community colleges to cover these adjustments and  proposals. $2.3   Billion One Time for Infrastructure.
https://lao.ca.gov/Publications/Report/4492

The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - Consequently, actuaries now project that the state ’s contribution rate could phase down over the next few fiscal years, reaching around 2 percent beginning in 2024 ‑25. If this occurs, the state ’s required contribution rate would be around 8 percentage points lower relative to our forecast by 2024 ‑25, meaning the state would owe several billions of dollars less to CalSTRS over the forecast period.
https://lao.ca.gov/Publications/Report/4472

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - These funds have various spending deadlines, but the majority must be spent by September 2024. As of September 2021, California schools reported spending less than 15  percent of available federal funds.
https://lao.ca.gov/Publications/Report/4473

The 2022-23 Budget: California’s Fiscal Outlook [Publication Details]

Nov 17, 2021 - In this report, we anticipate the state will have a $31 billion surplus to allocate in the upcoming fiscal year and operating surpluses ranging from $3 billion to $8 billion over the multiyear period.
https://lao.ca.gov/Publications/Detail/4472

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details]

Nov 17, 2021 - The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details] The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges Format: HTML Description: Each year, the state calculates a “minimum guarantee” for school and community college funding based upon a set of formulas established by Proposition 98 (1988).
https://lao.ca.gov/Publications/Detail/4473

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

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Transportation: Discretionary Spending Proposals in the 2021 ‑22 Budget Package General Fund (In Millions) Highways, roads, and transit (transportation infrastructure package) b — Port of Oakland truck, rail, and neighborhood safety corridor — Active transportation (transportation infrastructure package) b — State and local adaptation (transportation Infrastructure package) b — Santa Fe Springs
https://lao.ca.gov/Publications/Report/4448/1

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - By 2024 ‑25, the annual cost of these expansions is expected to reach about $1. 9 b illion General Fund ($2. 7 b illion total  funds). Behavioral Health. The spending plan funds two major investments in behavioral health.
https://lao.ca.gov/Publications/Report/4448

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 2021-22 California Spending Plan: The State Appropriations Limit

Aug 30, 2021 - School District Limits. For many years, the state has shifted some of its limit to school districts that would otherwise exceed their limits. However, that shift only occurred in one direction —from the state to districts.
https://lao.ca.gov/Publications/Report/4449