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

Supplemental Report of the 2020-21 Budget Act [Publication Details]

Jul 29, 2020 - Supplemental Report of the 2020-21 Budget Act [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4260

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - At the bottom of the figure, we display the total reserves planned for the end of 2020 ‑21 under the administration ’s estimates and assumptions. Under the Governor ’s proposed budget, the state would end 2020 ‑21 with $20. 5  b illion in total reserves.
https://lao.ca.gov/Publications/Report/4135

The 2020-21 Budget: California's Spring Fiscal Outlook

May 8, 2020 - Finally, the Governor could pause the minimum wage increase scheduled for January 1, 2020. We currently estimate, however, that the net budgetary savings from this action likely would not be significant in 2020 ‑21.
https://lao.ca.gov/Publications/Report/4228

The 2020-21 Budget: California's Fiscal Outlook

Nov 20, 2019 - Second, the report addresses what share of the $ 7  b illion surplus in 2020 ‑ 21 i s available to be allocated to ongoing purposes (meaning amounts that occur annually) versus one ‑time purposes (meaning amounts that are spent or saved only in 2020 ‑21).
https://lao.ca.gov/Publications/Report/4111

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 - Revenues increased by nearly 30 percent in 2020-21 and another 20 percent in 2021-22. In the course of allocating the historically large surpluses generated by the revenue surge, General Fund spending increased commensurately.
https://lao.ca.gov/Publications/Report/4762

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

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091

An Update on California’s Cash Management Situation

Aug 31, 2020 - Deferred School Payments Have Implications for Late 2020-21, Early 2021-22. A final major factor in the state ’s 2020-21cash situation in is payments to schools. The 2020-21 budget plans about $12.5  billion in school-related deferrals, which essentially means the state sends cash to schools for program operated in 2020-21 in 2021-22.
https://lao.ca.gov/Publications/Report/4266