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 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Career Technical Education Funds Third and Final Year of Career Technical Education (CTE) Incentive Grant Program. The 2015 ‑16 budget package created a three ‑year competitive grant program to promote CTE at secondary schools.
https://lao.ca.gov/Publications/Report/3694/3

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - (The Chancellor has discretion whether to weight the one –year and two –year measures equally or assign a greater weight to one.) Another 25  percent is based on the district ’s share of all BOG fee waiver recipients.
https://lao.ca.gov/Publications/Report/3487/3

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

Cal Facts: 2016

Dec 5, 2016 - Proposition  55 extends the income tax increases through 2030. 2 (2014) Sets new rules for state and school budget reserves and debt payments. Historical Budget Reserve Balances Percent of Revenues and Transfers Each year, the Legislature passes a budget with some reserves to cover unanticipated revenue shortfalls or higher costs.
https://lao.ca.gov/Publications/Report/3511/1

The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - Accordingly, the budget package provides $9.6 million General Fund—increasing to $209 million annually by 2024‑25—to assist counties with their increased responsibilities. These costs would be at least partially offset in future years from state savings related to reductions in the DJJ population.
https://lao.ca.gov/Publications/Report/4263

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

Oct 2, 2018 - This funding, with $ 190  m illion to physicians and $ 30  m illion to dentists, will be available for expenditure through 2024 ‑25. Budget legislation establishing the program directs DHCS to develop the criteria governing who can receive funding through the loan repayment program as well as the award amounts.
https://lao.ca.gov/Publications/Report/3870/6

Building Reserves to Prepare for a Recession

Mar 7, 2018 - The formulas also provide for “maintenance factor, ” which requires the state to accelerate school funding in strong revenue years to compensate for lower funding in weaker years. Given these formulas, General Fund spending on schools and community colleges tends to increase when revenues are growing and decline when revenues decline.
https://lao.ca.gov/Publications/Report/3769

Rethinking California's Reserve Policy [Publication Details]

Apr 10, 2025 - Over the last few years, the state has indeed experienced significant fluctuations—large surpluses followed by significant deficits. This volatility has prompted interest in changes to the state’s reserve policy.
https://lao.ca.gov/Publications/Detail/5028

An Update on California’s Cash Management Situation

Aug 31, 2020 - Meanwhile, the state ’s 2020-21 budget package took steps to begin payment deferrals to schools at the end of 2019-20. As a result, payments to schools in June of 2020 were only $300  million, compared to $6  billion anticipated earlier this year.
https://lao.ca.gov/Publications/Report/4266