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

Oct 2, 2018 - About 40   Percent of Increase Covered With Higher Property Tax Revenue. Of total Proposition  98 spending in 2018 ‑19, $54. 9  b illion is state General Fund and $23. 5  b illion is local property tax revenue.
https://lao.ca.gov/Publications/Report/3870/3

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - CARE Act implementation will begin in seven “Cohort I ” counties by October 1, 2023, with the remaining counties to begin implementation no later than December 1, 2024. Medi ‑Cal Coverage Expansion to Remaining Undocumented Populations.
https://lao.ca.gov/Publications/Report/4616

The 2021-22 California Spending Plan: The State Appropriations Limit [Publication Details]

Aug 30, 2021 - This post describes the legislative and administrative decisions regarding the State Appropriations Limit (SAL) in the 2021‑22 budget process.
https://lao.ca.gov/Publications/Detail/4449

The 2021-22 California Spending Plan: The State Appropriations Limit

Aug 30, 2021 - The Legislature can use excess revenues in three ways: (1)  appropriate more money for purposes excluded from the state appropriations limit (SAL), (2)  split the excess between additional school and community college district spending and taxpayer rebates, or (3)  lower tax revenues.
https://lao.ca.gov/Publications/Report/4449

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - The Governor ’s budget includes nearly $3  billion in reductions, the largest of which is withdrawing a discretionary principal payment on state ’s unemployment insurance loan (which otherwise is paid by employers ’ payroll taxes).
https://lao.ca.gov/Publications/Report/4662

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The Governor also proposed other discretionary increases, including $400  million in assistance to counties to offset some of their cost increases associated with the termination of the Coordinated Care Initiative (CCI).
https://lao.ca.gov/Publications/Report/3694/2

Strong Tax Collections Belie California's Challenging Fiscal Outlook

Apr 26, 2022 - Strong Tax Collections Belie California's Challenging Fiscal Outlook Strong Tax Collections Belie California 's Challenging Fiscal Outlook April 26, 2022 Tweet Gabriel PetekLegislative Analyst Given the persistent strength in state tax collections, it may come as a surprise that California ’s General Fund likely faces a budget problem in the coming years.
https://lao.ca.gov/Publications/Report/4590

The 2022-23 Budget: Initial Comments on the State Appropriations Limit Proposal

Feb 4, 2022 - This alternative can include one, or any combination, of  the following: Lower Tax Revenues. In order to reduce tax revenues for tax year 2021, the Legislature most likely would need to act very soon, but the state also could lower revenues for 2022 in the coming months.
https://lao.ca.gov/Publications/Report/4515

The 2022-23 Budget: Initial Comments on the Governor's May Revision

May 16, 2022 - Specifically, SAL requirements can only be met with: Tax Reductions or Tax Refunds. The first way the Legislature can allocate revenues in order to comply with the SAL is to reduce proceeds of taxes, for example, by reducing tax rates, increasing tax credits, or returning funds to taxpayers through tax refunds.
https://lao.ca.gov/Publications/Report/4598

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Such funds are remitted to the state by counties that collect more property tax than state law allows them to spend on education. Improvement and Modernization Fund (IMF). In recent years, the judicial branch ’s IMF experienced persistent operational shortfalls that steadily depleted the fund balance.
https://lao.ca.gov/Publications/Report/3487/10