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 2022-23 Budget: Overview of the Spending Plan [Publication Details]

Oct 12, 2022 - Each year, our office publishes the California Spending Plan to summarize the annual state budget. This publication provides an overview of the 2022-23 Budget Act, gives a brief description of how the budget process unfolded, and then highlights major features of the budget approved by the Legislature and signed by the Governor.
https://lao.ca.gov/Publications/Detail/4616

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - The 2022 ‑23 budget spending plan includes one ‑time General Fund in 2022 ‑23 ($159.1  million), 2023 ‑24 ($34.1  million), and 2024 ‑25 ($534.1  million) to accelerate the time line, reaching full implementation by 2024 ‑25, one year ahead of the original schedule.
https://lao.ca.gov/Publications/Report/4616

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - SAL = state appropriations limit; CAC = California Arts Council; CSSSA = California State Summer School for the Arts; CDE = California Department of Education; CDFA = California Department of Food and Agriculture; CSL = California State Library; CTC = Commission on Teacher Credentialing; DCA = Department of Consumer Affairs; DCC = Department of Cannabis Control; DFPI = Departm
https://lao.ca.gov/Publications/Report/4616/1

The 2022-23 California Spending Plan: The State Appropriations Limit

Sep 30, 2022 - Districts currently set aside approximately $2.2  billion per year related to this requirement. These funds meet the definition of capital outlay for SAL purposes, and so the spending plan adopts a plan to require school districts to exclude this spending from their limits.
https://lao.ca.gov/Publications/Report/4631

The 2022-23 Budget: California Spending Plan Series [Publication Details]

Sep 29, 2022 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2022-23 budget package. As more of these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4629

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - Language Stating Intent to Provide Additional Funding for Middle-Mile Network Costs in 2023-24 and 2024-25. Budget-related legislation — Chapter 48 of 2022 (SB 189, Committee on Budget and Fiscal Review) —also affirms the Legislature’s intent to provide $300 million General Fund in 2023-24 and $250 million General Fund in 2024-25 for additional costs to develop, construct, and acquire the state’s middle-mile broadband network.
https://lao.ca.gov/Publications/Report/4626

The 2022-23 Budget: Multiyear Budget Outlook

May 24, 2022 - Under our estimates of revenue and spending in the out ‑years, the state would have a very narrow operating deficit in 2023 ‑24, a  small operating surplus in 2024 ‑25, and a larger operating deficit in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4602

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

May 16, 2022 - Districts currently set aside approximately $2.2 billion per year related to this requirement. These funds meet the definition of capital outlay for SAL purposes, and so the administration’s SAL calculations propose school districts exclude this spending from their limits.
https://lao.ca.gov/Publications/Report/4598

Strong Tax Collections Belie California's Challenging Fiscal Outlook [Publication Details]

Apr 26, 2022 - Strong Tax Collections Belie California's Challenging Fiscal Outlook [Publication Details] Strong Tax Collections Belie California's Challenging Fiscal Outlook Format: HTML Description: 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/Detail/4590