CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - On a net basis, these items slightly improve the budget’s bottom line. Neither our November estimates nor the administration ’s estimates included any costs associated with the devastating wildfires in Southern California, as both were developed before those wildfires began.
https://lao.ca.gov/Publications/Report/4951

The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 19, 2025 - For 2026 ‑27, we estimate a 2.9   percent increase in funded full ‑time equivalent students, reflecting the net effect of enrollment growth and other enrollment adjustments. Community college enrollment has increased in recent years, likely due to several factors including regional demographic growth, rising unemployment, and the expansion of high school dual enrollment.
https://lao.ca.gov/Publications/Report/5093

The 2021-22 Budget: California's Fiscal Outlook

Nov 18, 2020 - Simultaneously, data on new applications for safety net programs, like Medi ‑Cal and CalFresh, in the first few months of 2020 ‑21 show that new applications for these programs have been below 2019 ‑ 20 l evels.
https://lao.ca.gov/Publications/Report/4297

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Partially offsetting this increase, baseline costs associated with the state ’s major safety net programs are lower by $3.7  billion. Total Reserves Would Reach Nearly $20  Billion Under Governor ’s May Revision.
https://lao.ca.gov/Publications/Report/4432

The 2022-23 Budget: Initial Comments on the Governor's May Revision

May 16, 2022 - This is primarily the result of early legislative action, including adopting $5.7  billion in a variety of revenue reductions —such as the restoration of net operating loss deductions —and $2.7  billion for rental assistance.
https://lao.ca.gov/Publications/Report/4598

Update on State and School District Reserves

Apr 5, 2020 - Safety Net Reserve. The 2018 ‑19 budget created the Safety Net Reserve to set aside funds for future costs of two programs —California Work Opportunity and Responsibility to Kids and Medi-Cal —in the event of a recession.
https://lao.ca.gov/Publications/Report/4216

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

Jan 13, 2023 - Across the rest of the budget, our estimates of baseline spending —for example, for caseload growth, federal reimbursements, and statutory cost increases —and constitutional requirements —for example, for infrastructure and deposits into reserves —differ , on net, by $800  million.
https://lao.ca.gov/Publications/Report/4662

The 2025-26 Budget: California State University

Feb 25, 2025 - As discussed in the “Core Operations ” section, the state budget plan reduces General Fund support for CSU by a net of $122  million. No funding is provided to cover the marginal cost of new resident enrollment.
https://lao.ca.gov/Publications/Report/4989

Volatility of the Personal Income Tax Base

Feb 8, 2017 - (The employer portion of the payroll taxes for Social Security and Medicare is listed under “benefits ” in BEA ’s data tables but is omitted from tables in this brief because it has no net effect on personal income.)
https://lao.ca.gov/Publications/Report/3548