A History of California’s Budget Reserves

Mar 24, 2017 - The blue bars display enacted reserves, or the amount of combined SFEU and BSA reserves assumed in the annual state budget for the upcoming fiscal year. The dashed line shows actual reserves, or the revised level of reserves estimated by the Department of Finance for the current year, after the state has more information about realized revenues and expenditures.
https://lao.ca.gov/Publications/Report/3630

An Update on California’s Cash Management Situation

Aug 31, 2020 - The blue line in Figure 3 shows the state ’s General Fund cash position, as forecasted by DOF, through the fiscal year. As the figure shows, similar to a typical fiscal year, the state will experience cash deficits early in the fiscal year and cash surpluses later in the year.
https://lao.ca.gov/Publications/Report/4266

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - If the Governor ’s budget proposals that do not meet a SAL requirement are rejected (and those funds are saved instead [blue bars]), the state can most likely delay those deficits until 2025 ‑26. (We list the Governor ’s budget discretionary spending proposals that do not help the state meet its SAL requirements in our post The 2022‑23 Budget: Initial Comments on the State Appropriations Limit Proposal .
https://lao.ca.gov/Publications/Report/4583

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - The negative blue bars early in the period correspond with small shortfalls. Reserve withdrawals, however, reduce the shortfall in 2023 ‑24 and eliminate it entirely in the following two years. (Proposition  2 [2014] created a reserve for schools and community colleges and established rules requiring deposits into and withdrawals from the fund under certain conditions.)
https://lao.ca.gov/Publications/Report/4646

Managing California’s Cash

Sep 3, 2019 - These increasing balances are shown in dark blue in Figure  9. Other Fund Balances Have Increased for a Few Reasons. There are a few reasons that the cash balances in special funds and other funds have increased substantially, particularly over the last decade.
https://lao.ca.gov/Publications/Report/4092

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

Jan 13, 2020 - These amounts are shown in light blue in Figure  4 . Small Operating Surpluses Under Governor ’s Plan and Estimates. In the previous section we used the term surplus to describe the amount available to allocate in the budget year.
https://lao.ca.gov/Publications/Report/4135