The 2020-21 Budget: California's Spring Fiscal Outlook

May 8, 2020 - Historically, the state has provided the minimum level of funding for schools and community colleges, even when those levels result in year ‑over ‑year reductions. This approach, however, would involve extraordinary reductions in overall education funding.
https://lao.ca.gov/Publications/Report/4228

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

Oct 2, 2018 - Provides $195  million ($25  million ongoing) for flood control infrastructure. Allocates $134  million to counties to purchase new voting systems. Provides $130  million for infrastructure and equipment at correctional facilities.
https://lao.ca.gov/Publications/Report/3870/1

The 2021-22 Budget: CalWORKs Fiscal Outlook

Dec 8, 2020 - We Project Further Increases in Out ‑Years. We project caseload to peak in 2022 ‑23, consistent with historic evidence suggesting caseload peaks roughly two years after peak unemployment. We further project caseload to remain above pre ‑pandemic levels through at least 2024 ‑25.
https://lao.ca.gov/Publications/Report/4306

Fiscal Outlook Supplement on Proposition 2

Nov 16, 2016 - Our Fiscal Outlook provides an assessment of the budget’s condition under two difference scenarios of the economy’s performance over the next five years. These are: (1) an economic growth scenario, in which the economy continues to grow, and (2) a mild recession scenario, with a big stock market decline, that begins in the middle of calendar year 2018.
https://lao.ca.gov/Publications/Report/3508

Whether or Not to Tap Reserves to Solve Estimated Budget Problem Emerges as Key Fiscal Decision Facing California’s Legislature

Apr 19, 2023 - (The state also has an additional nearly $10 billion in reserves that it can use specifically to supplement constitutionally required funding for schools and community colleges.) On the other hand, our office maintains that the economy is at a heightened risk of going into a recession, which could cause the state’s budget problem to metastasize.
https://lao.ca.gov/Publications/Report/4762

The 2020-21 Budget: Initial Comments on the Governor’s May Revision

May 17, 2020 - (When the state defers payments to schools from one fiscal year to the next, the state can reduce spending while allowing school districts to continue operating a larger program by borrowing or using cash reserves.)
https://lao.ca.gov/Publications/Report/4232

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

Oct 2, 2018 - However, the Legislature approved $ 20  m illion from the General Fund on a one ‑time basis for SWRCB, mainly to ensure safe drinking water in schools and provide emergency relief grants to households.
https://lao.ca.gov/Publications/Report/3870/9

The 2022-23 Budget: Initial Comments on the State Appropriations Limit Proposal

Feb 4, 2022 - Excess Revenues Must Be Allocated to School Payments and Taxpayer Rebates. The Legislature could meet any remaining SAL  requirements by splitting excess revenues between taxpayer rebates and payments to schools and community colleges The Constitution gives the state two years to make these payments, and so the costs could be funded in the 2023 ‑24 budget.
https://lao.ca.gov/Publications/Report/4515

The 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities

Feb 5, 2019 - In a Recession, School Spending Requirement Can Reduce the Size of Budget Problem. Typically, when revenues decline year over year, required constitutional spending on schools and community colleges also goes down.
https://lao.ca.gov/Publications/Report/3925