The 2018-19 May Revision: LAO Multiyear State Budget Outlook

May 17, 2018 - In total, our General Fund revenue and transfer estimates are higher than the administration ’s by $2.6  billion over the three-year period. Largely, this stems from our office ’s higher estimates of personal income tax (PIT) revenue in 2017‑18 and 2018‑19.
https://lao.ca.gov/Publications/Report/3843

Overview of the 2002-03 May Revision [Publication Details]

May 16, 2002 - The Governor's May Revision addresses an enormous increase in the state's budget shortfall through a variety of spending reductions, tax increases, fund transfers, and additional borrowing. Overall, it is a credible plan. At the same time, the proposal contains some risks and even with its adoption, the state would face additional shortfalls in the future.
https://lao.ca.gov/Publications/Detail/889

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - The remaining $200  million would be allocated to the state ’s 61 local health jurisdictions (LHJs) (58 counties and 3 cities), with funding allocated based in part on each LHJ ’s population share, level of poverty, and racial/ethnic make ‑up.
https://lao.ca.gov/Publications/Report/4492

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

Oct 2, 2018 - The budget provides $ 20  m illion to support 2,000 additional resident undergraduate students in 2018 ‑ 19 c ompared to 2017 ‑18, with the goal of admitting at least one transfer student for every two freshman students.
https://lao.ca.gov/Publications/Report/3870/5

Overview of the 2005-06 May Revision [Publication Details]

May 16, 2005 - The May Revision proposes to use about $4 billion in new funds generated from an improved revenue outlook to reduce budgetary debt and restore the Proposition 42 transfer to transportation. We believe the administration’s general approach of using the resources for debt reduction and one-time purposes is sensible in light of the state’s structural budget shortfall.
https://lao.ca.gov/Publications/Detail/1326

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor links these base increases to CSU and UC meeting three expectations: (1)  developing a plan to eliminate their achievement gaps by 2025, (2)  permanently increasing the share of courses they offer online by at least 10  percentage points over their pre-pandemic levels, and (3)  establishing “dual admissions ” pathways designed to simplify and expedite student transfer from community colleges to CSU and UC.
https://lao.ca.gov/Publications/Report/4309

The 2019-20 Budget: Proposition 98 Outlook

Nov 14, 2018 - The 2019-20 Budget: Proposition 98 Outlook 469 $469 a Excludes non ‑tax revenues and transfers, which do not affect the calculation of the minimum guarantee. b As set forth in the State Constitution, reflects change in per capita General Fund plus 0.5  percent.
https://lao.ca.gov/Publications/Report/3897

Remarks to the Conference Committee on SB 123/AB 223 [Publication Details]

Jun 9, 1983 - A report on the two versions of the budget bill and the issues facing the legislature.
https://lao.ca.gov/Publications/Detail/3433

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

Oct 2, 2018 - In addition to Oakland and Inglewood, two other districts —Vallejo City Unified School District and a high school district in Monterey County —currently are paying off emergency state loans. Chapter  426 allows these four districts to use proceeds from the sale or lease of their surplus property for helping to make their emergency loan repayments.
https://lao.ca.gov/Publications/Report/3870/3

The 2018-19 Budget: California's Fiscal Outlook

Nov 15, 2017 - Under these assumptions, we assume revenues and transfers grow 5.2  percent over the period. Increases in revenues from the personal income tax drive the majority of this growth over the period. We project spending to grow at roughly the same rate —on average, 4.9  percent per year.
https://lao.ca.gov/Publications/Report/3718