^[PDF] The 2021-22 Budget: California’s Fiscal Outlook

Meanwhile, General Fund expenditures under current law and policy grow at an average 4.4 percent per year. The net result is that the state faces an operating deficit, which is relatively small in 2021-22, but grows to around $17 billion by 2024-25 (see figure).
https://lao.ca.gov/reports/2020/4297/fiscal-outlook-111820.pdf

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - The spending plan delays the implementation of this program until 2024-25. Increases Provider Rates for Independent Living Services. The 2021-22 spending plan initiated a multiyear plan to phase in a new provider rate model based on a 2020 state-commissioned study.
https://lao.ca.gov/Publications/Report/4812/1

^[PDF] Summary of Recommended Legislation

However, a 500 pupil year-round school would cost only an estimated $3.5 million, for a savings of approximately $700,000 from the cost of a traditional 600 pupil school. Our analysis indicates that year-round schools are educationally sound and, for several other reasons, provide a viable alternative to the traditional nine-month calendar.
https://lao.ca.gov/reports/1988/02_88_summary_of_recommended_legislation.pdf

^[PDF] (We explained this dynamic further in our report: The

(We explained this dynamic further in our report: The 2024-25 Budget: Overview of the Governor’s Budget.) Creates Binding Obligation That Magnifies Structural Deficit, Likely Requiring More Cuts to Other Programs in the Future.
https://lao.ca.gov/reports/2024/4840/Governors-Prop-98-Funding-Maneuver-021524.pdf

The 2022-23 California Spending Plan: Human Services

Oct 21, 2022 - (Budget-related legislation includes CalWORKs grant increases as a legislative priority in 2024-25 subject to a potential “trigger ” if certain revenue conditions are met.) Figure  3 shows how the grant levels included in the spending plan compare to the Legislature ’s intended target for these grants (50  percent of the federal poverty level for a family one person larger than the CalWORKs assistance unit size).
https://lao.ca.gov/Publications/Report/4640/2

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - Statute specifies that these interim rates will expire December 31, 2024, and that the permanent, ongoing level of care rate structure will be established by January 1, 2025. The administration plans to propo se the new rate structure as part of the 2024-25 Governor ’s budget.
https://lao.ca.gov/Publications/Report/4812/4

^[PDF] Overview of Criminal Fine and Fee System and Notable Related Actions

The 2022-23 budget included intent language to eliminate restitution fines deposited in the Restitution Fund and to backfill the resulting revenue loss to the fund beginning in 2024-25. However, the language makes this action contingent on sufficient General Fund resources being available to support the changes in 2024-25. „ Emergency Medical Air Transportation (EMAT) Penalty Assessment.
https://lao.ca.gov/handouts/crimjust/2023/Criminal-Fine-and-Fee-Actions-062323.pdf

The 2022-23 California Spending Plan: Human Services

Oct 21, 2022 - The spending plan includes language that will prioritize passing through the full amount of child support payments to current CalWORKs families as a part of the 2024-25 budget subject to certain conditions.
https://lao.ca.gov/Publications/Report/4640/6

^[PDF] The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Moving forward, most economic forecasters expect price inflation to moderate sometime next year. Consistent with this assumption, our main forecast estimates the COLA rate at 3.5 percent in 2023-24, 3 percent in 2024-25, and 3 percent in 2025-26.
https://lao.ca.gov/reports/2021/4473/prop98-outlook-111721.pdf

California Tax Expenditure Proposals: Property Tax Introduction

For properties that change ownership during the calendar year, the supplemental roll is the mechanism used to re cord the change in assessment immediately. Through the supplemental roll, the new owner pays a prorated tax to reflect the new assessment for the remainder of the year.
https://lao.ca.gov/1999/tax_expenditure_299/tep_299_proptax_overview.html