The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The Governor ’s budget maintains an already planned withdrawal from the state ’s rainy day fund, which we think is a reasonable choice. Since 2023 ‑24, the Legislature has addressed a cumulative total of $82  billion in budget problems, but even including the withdrawal for 2025 ‑26, has only used about half of the Budget Stabilization Account (BSA).
https://lao.ca.gov/Publications/Report/4951

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - The state has many types of solutions —or tools —for addressing a budget problem, but the most important include: reserve withdrawals, spending reductions, revenue increases, and cost shifts (for example, between funds).
https://lao.ca.gov/Publications/Report/4662

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

Jan 13, 2022 - If the Proposition  98 guarantee were to drop, the Legislature would be able to withdraw this amount to maintain funding for programs. (In some cases, the constitutional formulas would require withdrawals.)
https://lao.ca.gov/Publications/Report/4492

The 2018-19 Budget: California Achieving a Better Life Experience Board

Jan 31, 2018 - We note that this projection is based on a number of assumptions, such as the number of CalABLE enrollees, as well as their contribution levels and withdrawal rates. Since the program is in its infancy, actual program revenues and expenditures could be substantially higher or lower than currently projected.
https://lao.ca.gov/Publications/Report/3738

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

Jan 10, 2021 - This means the state took a number of actions to balance the budget —including making withdrawals from reserves and shifting costs —that were larger than necessary. In light of that fact, as well as continued economic uncertainty and anticipated future deficits, we think it is important that the state restore most or all of that resilience.
https://lao.ca.gov/Publications/Report/4309

An Overview of Federal Higher Education Relief

Apr 28, 2020 - Waives the requirement that institutions/students return a prorated portion of Pell Grants and federal loans if students withdraw part way through the term due to the outbreak. Excludes any semester that students do not complete due to the outbreak from the maximum length of time they may receive Pell Grants and federal student loans.
https://lao.ca.gov/Publications/Report/4225

The 2019-20 Budget: Department of State Hospitals

Feb 13, 2019 - The department also indicates that courts have com plained about the quality of the work carried out by some clinicians. Reduces Quality of Care. This workload takes away time clinicians could otherwise spend treating their patients.
https://lao.ca.gov/Publications/Report/3936

Evaluation of the Statewide Project Management Office

Dec 7, 2017 - This allowed the PMO to test the potential of the centralized project management approach and build the reputation and capacity of the office gradually, with the intention of scaling up to larger, more com plex projects once the office was more established.
https://lao.ca.gov/Publications/Report/3723