The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - This post presents our office ’s forecast of the condition of the state General Fund budget through 2027 ‑28 under our revenue estimates and assuming the Governor ’s May Revision policies are adopted.
https://lao.ca.gov/Publications/Report/4907

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - In total, the spending plan maintains a total of $29  billion for these packages across a seven ‑year period (2021 ‑28), which represents 79  percent of the original multiyear planned amounts ($36  billion).
https://lao.ca.gov/Publications/Report/4922

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - The June 2024 budget package included $28  billion in budget solutions for 2025 ‑26, although savings from some of these actions have since diminished. We provided further detail and updated estimates of these solutions in our January report, The 2025 ‑26 Budget: Overview of the Governor ’s Budget (see Appendix 1 ).
https://lao.ca.gov/Publications/Report/5044

Fiscal Outlook: Medi-Cal [Publication Details]

Nov 14, 2018 - Over the long term, we project General Fund spending in Medi-Cal to grow to up to around $28 billion. In addition to this report, you can find the main California's Fiscal Outlook report along with a collection of other fiscal outlook material on our fiscal outlook budget page .
https://lao.ca.gov/Publications/Detail/3898

The 2024-25 Budget: Multiyear Budget Outlook [Publication Details]

May 23, 2024 - This post presents our office’s forecast of the condition of the state General Fund budget through 2027-28 under our revenue estimates and assuming the Governor’s May Revision policies were adopted.
https://lao.ca.gov/Publications/Detail/4907

July 2009 Budget Package [Publication Details]

Jul 29, 2009 - On July 28, 2009, the Governor signed the budget package, while vetoing $489 million in General Fund appropriations. The budget package projects $89.5 billion of revenues and transfers to the General Fund, and authorizes total General Fund spending of $84.6 billion.
https://lao.ca.gov/Publications/Detail/2112

Cal Facts: 2016

Dec 5, 2016 - Cal Facts: 2016 Transportation Funding Comes From Multiple Sources 2016-17 Total transportation funding in the state will be roughly $28  billion in 2016-17. Local governments provide more than half of all transportation funding in California.
https://lao.ca.gov/Publications/Report/3511/6

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - We define a delay as an expenditure reduction that occurs in the budget window (2022 ‑23 through 2024 ‑25), but has an associated expenditure increase in a future year of the multiyear window (2025 ‑26 through 2027 ‑28).
https://lao.ca.gov/Publications/Report/4825

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

Apr 19, 2023 - Other downturns, such as the 2001 so-called dot-com recession, had severe fiscal implications while inflicting somewhat milder economic damage. The 2008 Great Recession had brutal effects on both the state ’s economy and budget.
https://lao.ca.gov/Publications/Report/4762