Federal Spending in California

Jan 18, 2017 - In FFY 2014-15, the federal government also allocated $3 bil lion in Housing Choice Vouchers to local housing authorities, which then distribute them to individuals. Finally, this category includes the refundable portion of two major tax credits: the Earned Income Tax Credit (EITC), which provides a refundable tax credit to low- to moderate-income working individuals and couples;
https://lao.ca.gov/Publications/Report/3531/3

California's December income tax collections were quite strong

Jan 7, 2014 - Estimated payments in December totaled $3.0 bil lion, or about $1.2 billion (65 percent) above the administration 's budget act projections for the month. In addition, PIT withholding was $277 million (6 percent) above the budget act projections.
https://lao.ca.gov/Recommendations/Details/775

Use of federal incentive funds for implementation of Alternative Base Period

May 20, 2011 - To continue payment of benefits despite this shortfall, the state has obtained quarterly loans from the federal government which now total around $11 bil lion. Beginning in September 2011, the state will start paying interest on this loan to the federal government.
https://lao.ca.gov/Recommendations/Details/414

Weak final collection day--April income taxes likely $250 million above projection

Apr 29, 2011 - It seems, likely, therefore, that the month of April will end with net FTB PIT collections of about $4.4 bil lion. This likely will be about $50 million above the administration 's projection for non-withholding PIT collections during April.
https://lao.ca.gov/Recommendations/Details/408

LAO Publications

All Years2018201720162015201420132012201120102009200820072006200520042003200220012000199919981997199619951994199319921991199019891988198719861985198419831982198119801979197819771976197519741973197219711970196919681967196619651964196319621961196019591958195719561955195419531952195119501949194819471945All PublicationsHandoutOtherPostReportHandout April 24, 2018 - Presented to Assembly Budget
https://lao.ca.gov/publications?page=5&year=0&publicationType=0

LAO Publications

All Years2018201720162015201420132012201120102009200820072006200520042003200220012000199919981997199619951994199319921991199019891988198719861985198419831982198119801979197819771976197519741973197219711970196919681967196619651964196319621961196019591958195719561955195419531952195119501949194819471945All PublicationsHandoutOtherPostReportHandout April 24, 2018 - Presented to Assembly Budget
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LAO Publications

The 2 014-15 state spending plan includes large funding increases for schools and community colleges, makes targeted augmentations in other areas of the budget, and pays down several bil lion dollars in key liabilities.
https://lao.ca.gov/Publications?publicationType=15

^[PDF] Overview of the 2008-09 May Revision

Ac‑ counting for the declining revenues, special session actions, and changes to its earlier proposed solu‑ tions, the administration has proposed new solu‑ tions in the May Revision totaling more than $8 bil‑ lion.
https://lao.ca.gov/2008/bud/may_revise/may_revise_051908.pdf

^[PDF] Overview of the 2009-10 May Revision

Unlike the typical use of RAWs, however, the Governor instead proposes in the May Revision to count $5.5 bil‑ lion of RAW proceeds as a budgetary solution. Under the Governor’s plan, the state would have to repay the $5.5 bil‑ lion of RAWs with interest by the end of 2010‑11.
https://lao.ca.gov/2009/bud/may_revise/may_revision_052109.pdf

^[PDF] The 2010-11 Budget: Overview of the May Revision

Even if the Legislature adopted all of the May Revision’s proposals and achieved the full es- timated savings, the state would be left with a multibillion dollar (between $4 billion and $7 bil- lion) annual operating shortfall.
https://lao.ca.gov/reports/2010/bud/may_revise/may_revision_051810.pdf