Update on State and School District Reserves

Apr 5, 2020 - However, the remaining $3.1 billion of the total is part of the “optional ” balance of the fund because it was deposited on a voluntary basis or before Proposition 2 was enacted. (More information about the various components of the BSA balance is available here .) $900  Million in the Safety Net Reserve.
https://lao.ca.gov/Publications/Report/4216

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

Jan 13, 2025 - This is a relatively small number on a net basis, but is the result of many, much larger, offsetting differences. For example, the administration’s estimate of baseline costs in Medi‑Cal, the state’s Medicaid program, is higher than our November 2024 estimate by $3.1 billion in 2025‑26.
https://lao.ca.gov/Publications/Report/4951

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 2017-18 Budget: Initial Comments on the Governor’s May Revision

May 13, 2017 - The administration ’s higher estimates of revenues and, on net, lower baseline expenditures together mean the Governor had about $2.1 billion in additional discretionary resources to allocate in the May Revision.
https://lao.ca.gov/Publications/Report/3669

The 2022-23 Budget: Update on K-12 Student Attendance

May 11, 2022 - Conversely, the 9 ‑12 grade span saw the lowest ADA declines of any grade span (3.1  percent). A major contributing factor may be 12th graders enrolling for a fifth year, as 12th grade enrollment increased by roughly 7,600 students during the  pandemic.
https://lao.ca.gov/Publications/Report/4595

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 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - On the revenue side, the Governor ’s budget includes $5.5  billion to restore net operating losses and business credits and various other tax credits, which reduce SAL  revenues by a total of $6  billion.
https://lao.ca.gov/Publications/Report/4492

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