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

May 8, 2020 - This occurs despite the fact that the U ‑shaped recession assumes the economy begins to recover this summer and the L ‑shaped recession assumes the economy begins recovering later in 2021. The state would face annual deficits of about $ 20  b illion in the somewhat optimistic U ‑shaped recession scenario through 2023 ‑24 (the last year of our projections).
https://lao.ca.gov/Publications/Report/4228

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - In addition, in recent months, the U . S. and China have engaged in a series of back-and-forth threats to impose tariffs (taxes on imported goods) on goods commonly traded between the U.S. and China.
https://lao.ca.gov/Publications/Report/3829

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

Oct 2, 2018 - Specifically, LEAs may use the funding to improve ( 1)  e ducational opportunities outside of core instructional areas, ( 2)  s chool conditions for student learning, and ( 3)  u se of technology in schools.
https://lao.ca.gov/Publications/Report/3870/3