The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - These ongoing increases are partly offset by one‑time base General Fund reductions totaling $200 million in 2024‑25. In a related budget action, the state plans to reduce ongoing base General Fund support for UC and CSU by a total of $774 million in 2025‑26.
https://lao.ca.gov/Publications/Report/4922

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - With a limited number of people looking for jobs, competition among employers for workers is high. This competition typically forces employers to pay higher wages to attract new workers. Rising wage costs, in turn, cause businesses to raise th eir prices.
https://lao.ca.gov/Publications/Report/3829

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Revenues Run Ahead of Broader Economy State ’s Job Market and Consumer Spending Remain Lackluster … California ’s economy has been in an extended slowdown for the better part of two years, characterized by a soft labor market and weak consumer spending.
https://lao.ca.gov/Publications/Report/4939

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The Clean Energy Transmission Program was a part of the Climate Catalyst Revolving Loan Fund and was designed to provide financing for projects involving the construction of infrastructure for clean energy transmission.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The Clean Energy Transmission Program was a part of the Climate Catalyst Revolving Loan Fund and was designed to provide financing for projects involving the construction of infrastructure for clean energy transmission.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Amid these conditions, California businesses have pared back hiring, resulting in no payroll job growth in the state so far this year. California consumers similarly are limiting spending, with sales of taxable goods flat over the last year.
https://lao.ca.gov/Publications/Report/5091

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - It also includes Chapter  58 of 2023 (S B  146 , Gonzalez), which authorizes the use of two project delivery methods —progressive design ‑build and job order contracting —under certain circumstances.
https://lao.ca.gov/Publications/Report/4788

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - In order to help address the General Fund shortfall, the budget package also reverted $25  million in one-time monies that had been provided in 2022-23 to support an extended Youth Job Corps summer program.
https://lao.ca.gov/Publications/Report/4814

The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - Once this one-time tax is paid, corporations may bring these profits back to the U.S. any time (without paying any additional federal taxes). Consequently, some corporati ons will elect to bring some of this cash back to the U.S.
https://lao.ca.gov/Publications/Report/3830

The 2018-19 Budget: California's Fiscal Outlook

Nov 15, 2017 - Employee Salary and Benefits. We estimate state employee salary and benefit costs will increase pursuant to current labor agreements and adjust salary increases for inflation after those agreements expire.
https://lao.ca.gov/Publications/Report/3718