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

Oct 5, 2020 - The 2020-21 Budget: Overview of the California Spending Plan (Final Version) 802 3.2 Note: Amounts reflect June 2020 enacted budget levels, assuming the state does not receive additional federal funding.
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 - Finally, the Governor could pause the minimum wage increase scheduled for January 1, 2020. We currently estimate, however, that the net budgetary savings from this action likely would not be significant in 2020 ‑21.
https://lao.ca.gov/Publications/Report/4228

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 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - Under the state ’s interpretation of the withdrawal rules in the case of a disaster, the state could withdraw any amount from either the optional or mandatory balance in 2020 ‑21. LAO Comments True Up Requirement for 2020 ‑21 Could Be Higher at May Revision.
https://lao.ca.gov/Publications/Report/4418

An Update on California’s Cash Management Situation

Aug 31, 2020 - Deferred School Payments Have Implications for Late 2020-21, Early 2021-22. A final major factor in the state ’s 2020-21cash situation in is payments to schools. The 2020-21 budget plans about $12.5  billion in school-related deferrals, which essentially means the state sends cash to schools for program operated in 2020-21 in 2021-22.
https://lao.ca.gov/Publications/Report/4266

The 2021-22 Budget: CalWORKs Fiscal Outlook

Dec 8, 2020 - The economic contraction experienced in the spring of 2020 —as a result of the COVID ‑ 19 p andemic —was unprecedented in both its speed and scale. In its May Revision of the 2020 ‑ 21 b udget, the administration projected that historically high unemployment would result in a historically high CalWORKs caseload averaging about 724, 000 c ases in 2020 ‑21 (or about 25  p ercent greater than the previous all ‑time high caseload in 2010 ‑11).
https://lao.ca.gov/Publications/Report/4306

Rethinking California's Reserve Policy

Apr 10, 2025 - Since 2014, the state has suspended and made withdrawals from the BSA in two years: 2020 ‑21 and 2024 ‑25. In addition, there is a withdrawal planned for 2025 ‑26 under legislative action taken last year.
https://lao.ca.gov/Publications/Report/5028

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - Main Street Credit Legislature Created $100  Million Credit for Businesses Hurt by Pandemic in 2020. In September 2020, the Legislature instituted the Main Street Small Business Tax Credit, which provides income or sales tax credits to firms with 100 or fewer employees that added jobs in the second half of 2020.
https://lao.ca.gov/Publications/Report/4452