The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - Under these estimates and assumptions, the state would end 2023 ‑24 with $3.8  billion in the SFEU. Figure 4
https://lao.ca.gov/Publications/Report/4662

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

Fiscal Outlook: In-Home Supportive Services (IHSS)

Nov 14, 2018 - Fiscal Outlook: In-Home Supportive Services (IHSS) California’s Fiscal Outlook In-Home Supportive Services (IHSS) We estimate General Fund expenditures for IHSS to be $3.8  billion in 2018 ‑19, slightly increasing to about $3.9  billion in 2019 ‑20.
https://lao.ca.gov/Publications/Report/3899

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091

The 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - The state would end 2023 ‑24 with $3.8  billion in the Special Fund for Economic Uncertainties (SFEU). The SFEU is the state ’s operating reserve and essentially functions like an end ‑of ‑year balance.
https://lao.ca.gov/Publications/Report/4769

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 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The 2017-18 Budget: California Spending Plan Provides support to counties for their share of IHSS costs 400.0 Codifies existing IHSS overtime exemptions 3.1 Funds continuation of Child Welfare Services-New System IT project 25.6 Establishes Emergency Child Care Bridge Program 15.5 Converts Approved Relative Caregiver Progam into statewide entitlement program 4.1 Increases number of public health
https://lao.ca.gov/Publications/Report/3694/7

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

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

Oct 2, 2018 - Figure 9 California State University General Fund Changes (In Millions) Shark research at the Long Beach campus 3.8 Student hunger and basic needs 1.5 Mervyn M. Dymally Institute at the Dominguez Hills campus 1.0 Science and Technology Policy Fellows Program 0.4 Remove one ‑time funding provided in prior years ‑46.6 2018 ‑19 Enacted Spending $4,122.3 d a Reflects $100,000 for the
https://lao.ca.gov/Publications/Report/3870/5

The 2020-21 Budget: Initial Comments on the Governor’s May Revision

May 17, 2020 - Administration Proposes Using $3.8   Billion in CRF to Address Budget Problem. The May Revision assumes the state can use $3. 8  b illion of the total CRF funding to offset underlying state costs. This includes $2. 6  b illion to address increased CalWORKs caseload from March   1 t o December 30, 2020, $ 750  m illion for homelessness, and $ 405  m illion in other areas such as public safety and public health.
https://lao.ca.gov/Publications/Report/4232