The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - Then, any additional state funding could be better targeted to fill any funding gaps, provide any necessary state matching funds to maximize federal funds, and ensure funding is distributed across projects of different types at all ports statewide in a manner consistent with the Legislature’s priorities.
https://lao.ca.gov/Publications/Report/4540

The 2020-21 Budget: Effect of Lower Cap-and-Trade Revenues on the High-Speed Rail Project

Jun 4, 2020 - Given these challenges, the state will have to make very difficult budget choices for the upcoming fiscal year and likely beyond. This will mean that the General Fund is unlikely to have additional funds to support the project, and any General Fund support in the near term —whether as a backfill or loan —likely would come at the expense of other state funding priorities.
https://lao.ca.gov/Publications/Report/4252

The 2023-24 Budget: Proposed Fund Shift for CHP and DMV Capital Projects

Feb 27, 2023 - The Governor also proposes to fund the upcoming construction ‑related phases of a few continuing projects in 2023 ‑24 with lease revenue bonds, rather than with General Fund as the administration had originally planned.
https://lao.ca.gov/Publications/Report/4710

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - The department also indicates that it would require local governments to provide a match to receive this state funding. Yet, a one ‑time match similarly does not ensure lasting efforts to address  litter.
https://lao.ca.gov/Publications/Report/4961

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - The Budget Problem A budget problem —also called a deficit —occurs when resources for the upcoming budget are insufficient to cover the costs of currently authorized services. Because the State Constitution requires the state to pass a balanced budget, the Governor must propose solutions when the administration estimates the state faces a budget problem.
https://lao.ca.gov/Publications/Report/4662

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The state constitution has a balanced budget requirement, which means the balance of the SFEU must be set above zero for the upcoming fiscal year. Any level above zero is up to the discretion of the Legislature.
https://lao.ca.gov/Publications/Report/4951

The 2019-20 Budget: Transportation Proposals

Feb 26, 2019 - The funding agreement for these funds requires the state to provide $2. 5  b illion in matching funds, but allows the state to spend down the federal funds in advance of the state match. HSRA fully expended the ARRA funds and expects to complete the state match requirement in 2019 ‑20.
https://lao.ca.gov/Publications/Report/3948

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

Jan 13, 2020 - As the Legislature begins shaping the budget for the upcoming year, we encourage aiming to preserve this tool and maintain a positive operating balance in its own multiyear budget plans.
https://lao.ca.gov/Publications/Report/4135

A Review of the State's Active Transportation Program

Mar 1, 2019 - Each MPO can either use the CTC ’s scoring criteria or their own guidelines and scoring criteria, which can include the requirement that project sponsors provide matching funds. Based on approved scoring criteria, each MPO will then select the next highest scoring projects for funding from its share of funding for the MPO component of the program.
https://lao.ca.gov/Publications/Report/3955

The 2024-25 Budget: Establishing the Office of the Inspector General for the High-Speed Rail Authority

Feb 8, 2024 - While the administration ’s perspective is that a notification was not required under the statute since the total amount of funding provided matches what OIG requested for 2024 ‑25, DOF did change the proposal materially.
https://lao.ca.gov/Publications/Report/4833