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

Oct 5, 2020 - The administration reached agreement with all 21 o f the state ’s bargaining units in June and July 2020 t o reduce state employee compensation costs in 2020 ‑21. As part of the budget package, the Legislature ratified the agreements with all 21 b argaining units.
https://lao.ca.gov/Publications/Report/4263

Supplemental Report of the 2020-21 Budget Act [Publication Details]

Jul 29, 2020 - Supplemental Report of the 2020-21 Budget Act [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4260

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - At the bottom of the figure, we display the total reserves planned for the end of 2020 ‑21 under the administration ’s estimates and assumptions. Under the Governor ’s proposed budget, the state would end 2020 ‑21 with $20. 5  b illion in total reserves.
https://lao.ca.gov/Publications/Report/4135

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

May 8, 2020 - Assume BSA Deposit Is Suspended in 2020 ‑21. As we describe in more detail in “Appendix  2, ” under our revenue and economic estimates, the Governor could declare a fiscal emergency in 2020 ‑21, but not 2019 ‑20.
https://lao.ca.gov/Publications/Report/4228

COVID-19 and California’s Evolving Fiscal Outlook

Mar 18, 2020 - Aided by monetary and (federal) fiscal stimulus, broad-based demand would rebound, contributing to a V ‑shaped recovery, in which activity recovers nearly as quickly as it fell. In a more pessimistic scenario, economic activity would remain depressed for longer, compounded by dislocated supply chains and reduced lending caused by elevated risk aversion in credit markets.
https://lao.ca.gov/Publications/Report/4203

The 2020-21 Budget: California's Fiscal Outlook

Nov 20, 2019 - Second, the report addresses what share of the $ 7  b illion surplus in 2020 ‑ 21 i s available to be allocated to ongoing purposes (meaning amounts that occur annually) versus one ‑time purposes (meaning amounts that are spent or saved only in 2020 ‑21).
https://lao.ca.gov/Publications/Report/4111

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Proposition  47 Workload ($21  million). The budget provides $21  million in 2016 –17 for trial courts to process resentencing and reclassification petitions from offenders convicted of felonies that Proposition  47 (2014) reduced to misdemeanors.
https://lao.ca.gov/Publications/Report/3487/10

The 2019-20 May Revision: LAO Revenue Outlook

May 12, 2019 - Supreme Court ruling in South Dakota v. Wayfair, Inc. , which gives states new opportunities to improve compliance with the use tax on Internet sales. .  .  .  But Softened by Economic Factors. Our SUT projections are based, in part, on several parts of our economic outlook —particularly our projections for California personal income.
https://lao.ca.gov/Publications/Report/4037

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The budget includes $2  billion from the General Fund for inmate medical care to comply with the federal court in the Plata v. Brown case, an increase of $46  million, or 2  percent, above the revised 2016 ‑17 level of spending.
https://lao.ca.gov/Publications/Report/3694/11

The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - Estimate of Minimum General Fund Spending Requirement Under Proposition 98 Is Down $21 Billion … Under our outlook, the decline in General Fund revenue reduces the minimum required General Fund spending under Proposition 98 by $21 billion from 2022 ‑23 through 2024 ‑25, which represents a reduction of nearly 38 cents for each dollar of lower revenue.
https://lao.ca.gov/Publications/Report/4819