An Update on California’s Cash Management Situation

Aug 31, 2020 - Cash deficits and surpluses arise due to the unequal distribution of disbursements and receipts throughout the fiscal year. The state disburses money fairly evenly throughout the fiscal year. For example, the state typically transfers funds to school and community college districts, makes payments to Medi-Cal providers, and issues payroll to state employees every month of the year.
https://lao.ca.gov/Publications/Report/4266

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Direct the administration to make any future adjustments needed to support the program without spending any money from the General Fund. Reduce CDTFA ’s General Fund appropriation by the amount of the department ’s annual General Fund spending on the Cannabis Tax Program (as these funds clearly are not needed).
https://lao.ca.gov/Publications/Report/5132

Managing California’s Cash

Sep 3, 2019 - Nonetheless, in evaluating a future loan, the Legislature must make a judgment about the likelihood that a recession will occur while the loan is still outstanding. Dependability of Repayments. Another key consideration for the Legislature in making future cash loans is the degree of certainty with which the loan will be repaid.
https://lao.ca.gov/Publications/Report/4092

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - They are concerned that their low cash on hand will prevent them for receiving the lowest possible borrowing costs on their bonds and, therefore, have requested $50  million General Fund to boost their cash on hand and ensure favorable borrowing terms.
https://lao.ca.gov/Publications/Report/4846

Fixing Unemployment Insurance

Dec 2, 2024 - While it is reasonable to expect that some workers would make too much money for UI to replace half of their earnings, California ’s benefit levels only meet the federal wage replacement standard for half of the state ’s workers.
https://lao.ca.gov/Publications/Report/4943

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - Small businesses can instead use the simpler cash accounting method. Under cash accounting, businesses recognize revenue and expenses as they occur. Federal CT laws define a small business as a corporation or a partnership with a corporate partner that has annual gross receipts under $25  million.
https://lao.ca.gov/Publications/Report/4100

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Flexible Cash Assistance for Survivors of Crime Grant Program Reversion. To help address the fiscal difficulties facing the state, the budget reverts $50  million General Fund from the Flexible Cash Assistance for Survivors of Crime pilot program.
https://lao.ca.gov/Publications/Report/5081/

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - For example, the California Work Opportunity and Responsibility to Kids (CalWORKs) program, the state-federal cash assistance program for low-income households, fully or partially subsidizes the wages of selected CalWORKs recip ients for six months to a year in some counties.
https://lao.ca.gov/Publications/Report/5018

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - In ‑Kind, Cash, and Cash ‑Like Benefits. The  state provides some in ‑kind, cash, and cash ‑like benefits directly to individuals. These benefits include, for example, cash assistance programs like CalWORKs and Supplemental Security Income/State  Supplementary Payment (SSI/SSP), as well as Cal Grants provided to students for non ‑tuition expenses.
https://lao.ca.gov/Publications/Report/4647

The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - Consequently, some corporati ons will elect to bring some of this cash back to the U.S. We estimate that corporations bring back $1  trillion in overseas profits. Depending on corporations ’ tax status in California, a portion of this returning cash will be taxed by the state.
https://lao.ca.gov/Publications/Report/3830