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 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 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 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 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

The 2019-20 Budget: California Spending Plan—Debt Liabilities

Oct 17, 2019 - Special Fund Loans Throughout the 2000s, particularly in response to the dot-com bust and Great Recession, the state loaned amounts to the General Fund from other state accounts, particularly special funds to address General Fund budget problems.
https://lao.ca.gov/Publications/Report/4106