The 2019-20 Budget: California's Fiscal Outlook

Nov 14, 2018 - We do not change these assumptions in the recession scenario. Assume Minimum Wage Goes into Effect as Scheduled. A law passed in 2016 (Chapter   4 o f 2016 [S B  3 , Leno]) increases California ’s statewide minimum wage over a period of several years.
https://lao.ca.gov/Publications/Report/3896

Managing California’s Cash

Sep 3, 2019 - When revenues do not meet expectations, a budget problem usually emerges. For the first time in the state ’s recent history, the Legislature will have a significant reserve available (in the BSA) to address a budget problem in the next recession.
https://lao.ca.gov/Publications/Report/4092

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The spending plan includes $670, 000 o ngoing MHSF funding for the MHSOAC to develop consumer advocacy contracts with non ‑profit organizations that do outreach, education and training, and advocacy related to mental health outcomes among immigrants and refugees.
https://lao.ca.gov/Publications/Report/3870/6

The State Appropriations Limit

Apr 21, 2021 - This prohibition applies from March  3, 2021 t o the last date on which the state expends the funds. (The state has until December 31, 2024 t o use the funds.) As of this writing, we do not yet know how strictly the U.S.
https://lao.ca.gov/Publications/Report/4416

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - For example, we recommend the Legislature: Do Not Suspend the $3  Billion True Up Into the Budget Stabilization Account (BSA). The Governor ’s budget proposes suspending a roughly $3  billion true-up deposit that otherwise would be required in 2025-26.
https://lao.ca.gov/Publications/Report/5133

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - To do this, we add a stock market indicator to our forecast models alongside other the economic variables. The added risk variable weighs on the range of revenue outcomes that we view as most plausible.
https://lao.ca.gov/Publications/Report/5104

The 2020-21 Budget: Initial Comments on the Governor’s May Revision

May 17, 2020 - Doing this, the Governor does not rely excessively on any one type of solution. We recommend the Legislature take a similar approach, asserting its own priorities, as it constructs the state’s budget.
https://lao.ca.gov/Publications/Report/4232

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Though COEs must ensure that districts obtain support, COEs do not need to provide that support themselves. Creates New Regional Support Network. The budget includes $ 14  m illion ongoing primarily to support COEs as they go about assisting low ‑performing districts.
https://lao.ca.gov/Publications/Report/3870/3

The 2020-21 Budget: Structuring the Budget

Feb 10, 2020 - For example, while the Legislature has significant discretion to lower General Fund spending on the universities, many policymakers might prefer not to do so. Conversely, it might be appealing to reduce debt payments or pension contributions during a recession, but the Legislature has very little flexibility to do so.
https://lao.ca.gov/Publications/Report/4150

The 2019-20 Budget: California Spending Plan (Final Version)

Oct 17, 2019 - In addition to the grant increase, the spending plan includes $6. 8  m illion in 2019 ‑ 20 t o raise the CalWORKs earned income disregard —the amount a family may earn before their CalWORKs grant is reduced by 50  c ents for each additional $ 1 o f income —from $ 225 t o $500.
https://lao.ca.gov/Publications/Report/4083