How Does the October Inflation Report Change Our Outlook? [EconTax Blog]

Nov 16, 2022 - At its current year-over-year rate of 6.3 percent, core inflation needs to come down about 4 percentage points to return to historical norms, a much more siz able gap than the typical 0.2 percentage point decrease seen after prior large monthly drops.      
https://lao.ca.gov/LAOEconTax/Article/Detail/760

The 2023-24 Budget: California's Fiscal Outlook [Publication Details]

Nov 16, 2022 - Update (11/22/22): The original version of this report identified a $25 billion —instead of a $24 billion —budget problem, which reflected an error in the way we accounted for student housing grant program funding.
https://lao.ca.gov/Publications/Detail/4646

The 2023-24 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details]

Nov 16, 2022 - The 2023-24 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details] The 2023-24 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/4648

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - On the other hand, we do reflect spending on school facilities of $2  billion in 2023 ‑24 and $875  million in 2024 ‑25, and broadband spending of $300  million in 2023 ‑24 and $250  million in 2024 ‑25, in which enacted legislative intent language met our criteria.
https://lao.ca.gov/Publications/Report/4646

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - This includes, for example, the majority of state funding to school districts, which is provided through the Local Control Funding Formula (LCFF); base funds provided to the universities; and funds to the trial courts.
https://lao.ca.gov/Publications/Report/4647

The 2023-24 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 16, 2022 - Under  our outlook, the school district reserve cap would remain in effect through 2024 ‑25. In that year, the balance in the Proposition  98 reserve would drop below 3  percent of the Proposition  98 funding allocated to schools.
https://lao.ca.gov/Publications/Report/4648

The 2023-24 Budget: Medi-Cal Fiscal Outlook

Nov 16, 2022 - Overview of Projections Below, we summarize our projected adjustments to the Medi ‑Cal budget and describe the major drivers of these changes in the current year (2022 ‑23), budget year (2023 ‑24), and longer term (2024 ‑25 through 2026 ‑27).
https://lao.ca.gov/Publications/Report/4649

Living Under Smoky Skies—Understanding the Challenges Posed by Wildfire Smoke in California [Publication Details]

Nov 14, 2022 -
https://lao.ca.gov/Publications/Detail/4644

Living Under Smoky Skies—Understanding the Challenges Posed by Wildfire Smoke in California

Nov 14, 2022 - Another way to reduce smoke exposure is to make indoor spaces —such as individual homes, workplaces, schools, or community centers —cleaner . This can be accomplished by taking a variety of actions aimed at reducing the amount of smoke that travels into buildings and filtering the indoor air.
https://lao.ca.gov/Publications/Report/4644

Proposition 26 [Ballot]

Nov 8, 2022 - The California Constitution requires the state to spend a minimum amount on K-12 schools and community colleges each year. This minimum amount grows over time based on growth in state tax revenues, the economy, and student attendance.
https://lao.ca.gov/BallotAnalysis/Proposition?number=26&year=2022