The 2012-13 Budget: Economic and Revenue Update [Publication Details]

Feb 27, 2012 - Like the economic data, reports concerning state revenues have been mixed recently too, with weakness in income tax payments accompanied by speculation concerning a future bonanza of tax revenues due to the possible offering of stock by Facebook, Inc.
https://lao.ca.gov/Publications/Detail/2578

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - The law, Chapter  773 of 2015 (AB  403, Stone), made significant changes to the way the state cares for children who have been removed from their home and placed into the state ’s foster care system.
https://lao.ca.gov/Publications/Report/3487/7

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - The Condition of the General Fund Figure  4 displays the condition of the General Fund under the revenue and spending assumptions in the June 2016 budget package, as estimated by the Department of Finance.
https://lao.ca.gov/Publications/Report/3487

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - Figure  2 displays the distribution of the most likely revenue outcomes over the multiyear (in gray). The dark line shows the administration ’s forecast of revenues in the May Revision. The light green line shows the amount of revenue the state would need to “break even ” —that is, the level of revenue the state would need to be able to afford the level of spending proposed in the May Revision.
https://lao.ca.gov/Publications/Report/4907

Federal Spending in California

Jan 18, 2017 - In these posts, we display total federal expenditures by major program, recipient, and county. We also compare federal expenditures in California to other states. Direct Federal Expenditures to Individuals, Private Entities, and Universities.
https://lao.ca.gov/Publications/Report/3531

Federal Spending in California

Jan 18, 2017 - As displayed in the figure, we categorize federal payments by their first recipient, not their ultimate beneficiary. This method is consistent throughout the blog series except in Post 5, where we discuss all federal expenditures received by counties.
https://lao.ca.gov/Publications/Report/3531/1

Federal Spending in California

Jan 18, 2017 - Figure 1 displays the LAO ’s estimate of federal funding in the state compared to the most recent estimate of the same figure from the other two studies. As shown in the figure, our estimate is higher than either of these other two.
https://lao.ca.gov/Publications/Report/3531/7

LAO Multiyear State Budget Outlook

May 20, 2016 - For example, in the 2013-14 Overview of the May Revision , our office displayed operating surpluses of nearly $7 billion in the last year of the forecast period. As recently as last November, in our Fiscal Outlook publication, our office displayed operating surpluses of about $4 billion in 2019-20—about twice the size of the operating surplus described here.
https://lao.ca.gov/Publications/Report/3472

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

Oct 2, 2018 - Figure  1 displays the administration ’s June 2018 e stimates of total state and federal spending in the 2018 ‑ 19 b udget package. As the figure shows, the budget assumes total state spending of $197. 2  b illion (excluding federal and bond funds), an increase of 7  p ercent over the revised 2017 ‑ 18 l evel.
https://lao.ca.gov/Publications/Report/3870

The 2024-25 Budget: Deficit Update

Feb 20, 2024 - For example, the administration frequently displayed “operating surpluses ” in its multiyear forecasts excluding this type of spending —implying that the administration understood that the state could not afford all of the commitments under its own projections, but the state could afford the ongoing budget.
https://lao.ca.gov/Publications/Report/4850