The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor proposes to pay down $8.4  billion of this amount, with districts receiving the associated cash in 2021 ‑22. Slightly more than $4  billion would remain deferred from 2021 ‑22 to 2022 ‑23.
https://lao.ca.gov/Publications/Report/4309

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

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 State Appropriations Limit

Apr 21, 2021 - The state ’s appropriations subject to the limit fell substantially during the dot ‑com bust in the early 2000s and again during the Great Recession due to the significant decline in state revenues during those downturns.
https://lao.ca.gov/Publications/Report/4416

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

Oct 5, 2020 - As a condition of receiving the funding, counties must show that they are in com pliance with state and federal public health requirements. Budget Provides $600   Million for Project Homekey and Related Services.
https://lao.ca.gov/Publications/Report/4263

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 8 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Transportation General Fund (In Millions)
https://lao.ca.gov/Publications/Report/4788/4

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - This includes $7.7  billion —$3.7 billion in 2021 ‑22 and $2 billion in both 2023 ‑24 and 2024 ‑ 25 —to fund transit and rail projects throughout the state. The package also includes (1) $1.8 billion in 2021 ‑22 to support active transportation, climate adaptation, and grade separation projects, and (2) $100 million in 2023 ‑24 to augment a local litter abatement and beautification grant program initiated in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4616

The 2022-23 California Spending Plan: The State Appropriations Limit

Sep 30, 2022 - We understand the CERF includes direct COVID-19 response expenditures of $1.9  billion in 2021-22 and $2.5  billion in 2022-23, nearly $2  billion in emergency rental relief assistance (in 2021-22), just over $1  billion for healthcare worker retention payments (in 2021-22), $1.2  billion for energy utility arrearages (in 2022-23), and $1.1  billion for drought emergency expenditures ($1  billion in 2021-22).
https://lao.ca.gov/Publications/Report/4631

The 2021-22 California Spending Plan: The State Appropriations Limit

Aug 30, 2021 - The 2021-22 California Spending Plan: The State Appropriations Limit The 2021-22 California Spending Plan The State Appropriations Limit In the late 1970s, voters passed Proposition  4 (1979), which added Article XIIIB to the State Constitution.
https://lao.ca.gov/Publications/Report/4449

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - The “near term ” includes the current year (2021 ‑22) and budget year (2022 ‑23) and the “longer term ” includes the final three years of the outlook window (2023 ‑24 through 2025 ‑26). Near Term Hundreds of Millions of Dollars in Estimated General Fund Savings in 2021 ‑22 … We estimate that Medi ‑Cal General Fund spending will be $27.5 billion in
https://lao.ca.gov/Publications/Report/4474