The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - You can think of it as being similar to a general purpose checking account that a household uses to pay its bills. This year 's budget allocated $122.5  billion in General Fund spending. Special funds, on the other hand, are state accounts dedicated for specific purposes.
https://lao.ca.gov/Publications/Report/3487/12

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - How Do You Focus Your Efforts? The Legislature cannot reasonably undertake in-depth oversight of all state programs in one budget season. As such, the Legislature must determine how to focus its efforts so as to provide information that would be most helpful in making future budget decisions.
https://lao.ca.gov/Publications/Report/4983

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - You can think of it like a checking account that a household uses to pay its bills. This year's budget package allocated $125 billion in General Fund spending. Special funds , on the other hand, are state accounts dedicated for specific purposes.
https://lao.ca.gov/Publications/Report/3694/13

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Replaces pay-as-you-go funding for state office buildings with lease revenue bond financing. EITC = earned income tax credit. Allocates New Proposition   98 Funding Primarily for Discretionary Activities.
https://lao.ca.gov/Publications/Report/3694/1

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - Although the state and employees contribute money to prefund retiree health benefits earned today, the state pays for current retirees ’ health benefits on a pay-as-you-go basis. This pay-as-you-go cost grows each year as health premiums rise and the number of retired state workers grows.
https://lao.ca.gov/Publications/Report/4814

The 2016-17 Budget: The Governor’s Proposition 2 Debt Proposal

Feb 24, 2016 - Compared to the nearly $6  billion expected cost of the current pay–as–you–go approach, implementing this plan would save the state about $2  billion in the future. By year six of this plan, our alternative would likely free up about $200  million per year, which would be available for other legislative priorities.
https://lao.ca.gov/Publications/Report/3363

The 2018-19 Budget: Overview of the Governor's Budget

Jan 12, 2018 - The Legislature may want to consider whether more should be done through pay ‑as ‑you ‑go financing or leasing. Additionally, it may want to consider the proposed funding approaches. For example, the Governor ’s courthouse proposal is a significant departure from past practices to fund court construction with court fine and fee revenue rather than from the General Fund.
https://lao.ca.gov/Publications/Report/3731

Fiscal Outlook: In-Home Supportive Services (IHSS)

Nov 14, 2018 - In this web post we discuss our near- and long-term costs projections for the In-Home Supportive Services (IHSS) Program and significant cost drivers and savings. In addition to this report, you can find the main California's Fiscal Outlook report along with a collection of other fiscal outlook material on our fiscal outlook budget page.
https://lao.ca.gov/Publications/Report/3899

The 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities

Feb 5, 2019 - In other cases, retirement benefits are paid on a pay ‑as ‑you ‑go basis where employers instead pay the cost of the benefits as they are received by retired employees. To the extent that insufficient assets have been set aside to prefund benefits that have been earned to date —or investment returns have been lower than expected —an unfunded liability exists.
https://lao.ca.gov/Publications/Report/3925

The 2019-20 Budget: Proposition 98 Outlook

Nov 14, 2018 - In this report, we examine how the minimum guarantee might change over the next several years and discuss the factors likely to be driving those changes. We then examine key aspects of district budgets—focusing on the main cost pressures facing districts over the next several years.
https://lao.ca.gov/Publications/Report/3897