The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - The 2024-25 Budget: Overview of the Governor's Budget $3,135 $4,677 BCH = Secretary for Business, Consumer Services, and Housing Agency; HHAPP = Homeless Housing, Assistance, and Prevention Program; FHC = Family Homelessness Challenge Grants; BSCC  =  Board of State and Community Corrections; CalFire = California Department of Forestry and Fire Protection; CalRecycle = California Department of
https://lao.ca.gov/Publications/Report/4825/1

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 State Appropriations Limit

Apr 21, 2021 - The State Appropriations Limit Introduction In the late 1970s, voters passed Proposition  4 (1979), which added Article XIIIB to the State Constitution. Article XIIIB established an appropriations limit on the state and most types of local governments.
https://lao.ca.gov/Publications/Report/4416

The 2022-23 California Spending Plan: The State Appropriations Limit

Sep 30, 2022 - The Constitution allows refunds of taxes to be excluded from appropriations subject to limit (see: Section 8(a) of Article XIIIB of the California Constitution). As a result, these types of tax refunds are scored as spending rather than revenue reductions.
https://lao.ca.gov/Publications/Report/4631

Managing California’s Cash

Sep 3, 2019 - Specifically, Article VIII prohibited the Legislature from creating any debt or liability that exceeds $300,000 without majority approval by the voters. In the state ’s Constitutional Convention of 1879, a version of this text was reintroduced as Section   1 o f Article XVI.
https://lao.ca.gov/Publications/Report/4092

The 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities

Feb 5, 2019 - Specifically, Article IV prohibits the Legislature from enacting a budget bill that would appropriate more in General Fund expenditures than are available in resources. The General Fund is the state ’s main operating account, but the state also has hundreds of other separate funds (including, for example, special funds).
https://lao.ca.gov/Publications/Report/3925

Building Reserves to Prepare for a Recession

Mar 7, 2018 - Proposition  30 (201 2) e nacted, and Proposition  55 (201 6) e xtended, tax increases on high ‑income taxpayers whose income is especially sensitive to fluctuations in the economy and asset markets.
https://lao.ca.gov/Publications/Report/3769

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - Accordingly, we have adopted terminology that more transparently reflects the underlying natur e of these budget solutions, if not always their precise  mechanics.) Major categories of borrowing in the budget  include: Medi ‑Cal Maneuver ($4.4   Billion).
https://lao.ca.gov/Publications/Report/5079

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

May 16, 2022 - Finally, the Legislature can follow the provisions of Section  2 of Article XIIIB of the Constitution. Specifically, if appropriations subject to the limit exceed the limit on net across two years, the state must allocate the excess equally between taxpayer refunds and additional education spending.
https://lao.ca.gov/Publications/Report/4598

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

May 8, 2020 - As we describe later, funding K ‑ 14 e ducation at the constitutional minimum level would result in substantially lower General Fund costs.) From 2018 ‑ 19 t o 2020 ‑21, General Fund spending on K ‑ 14 e ducation would be $2. 4  b illion lower than the Governor ’s January budget level in the U ‑shaped recession and $2. 3  b illion lower in the L ‑shaped recession.
https://lao.ca.gov/Publications/Report/4228