The 2024-25 Budget: Deficit Update

Feb 20, 2024 - After setting aside disbursements and Governor ’s budget proposals, we estimate the state possibly could pull back and reduce one-time and temporary augmentations by as much as $6.4  billion in 2023 ‑24, $4.1  billion in 2024 ‑25, and $5.1  billion in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4850

The 2018-19 Budget: Initial Comments on the May Revision

May 12, 2018 - Major Features of the May Revision Figure  2 displays the major changes between the Governor ’s January Budget and May Revision. As the table shows, the Governor ’s revenue estimates have increased substantially since January.
https://lao.ca.gov/Publications/Report/3832

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - In addition, the May Revision includes $4.1  billion in cost shifts and $330  million in revenue ‑related solutions. Online Appendices 1 and 2 provide a complete list of solutions by program area. Spending‑Related Solutions Reductions.
https://lao.ca.gov/Publications/Report/5044

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - The Condition of the General Fund Figure  4 displays the condition of the General Fund under the revenue and spending assumptions in the June 2016 budget package, as estimated by the Department of Finance.
https://lao.ca.gov/Publications/Report/3487

The 2019-20 Budget: California Spending Plan—Debt Liabilities

Oct 17, 2019 - (This figure also includes repayments to the Transportation Congestion Relief Fund, which are not displayed in the totals Figure  1.) Weight Fees Loans —a Unique Type of Special Fund Loan —Also Are Fully Repaid.
https://lao.ca.gov/Publications/Report/4106

Federal Spending in California

Jan 18, 2017 - In these posts, we display total federal expenditures by major program, recipient, and county. We also compare federal expenditures in California to other states. Direct Federal Expenditures to Individuals, Private Entities, and Universities.
https://lao.ca.gov/Publications/Report/3531

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - Figure  2 displays the distribution of the most likely revenue outcomes over the multiyear (in gray). The dark line shows the administration ’s forecast of revenues in the May Revision. The light green line shows the amount of revenue the state would need to “break even ” —that is, the level of revenue the state would need to be able to afford the level of spending proposed in the May Revision.
https://lao.ca.gov/Publications/Report/4907

Federal Spending in California

Jan 18, 2017 - As displayed in the figure, we categorize federal payments by their first recipient, not their ultimate beneficiary. This method is consistent throughout the blog series except in Post 5, where we discuss all federal expenditures received by counties.
https://lao.ca.gov/Publications/Report/3531/1

Federal Spending in California

Jan 18, 2017 - Figure 1 displays the LAO ’s estimate of federal funding in the state compared to the most recent estimate of the same figure from the other two studies. As shown in the figure, our estimate is higher than either of these other two.
https://lao.ca.gov/Publications/Report/3531/7

LAO Multiyear State Budget Outlook

May 20, 2016 - For example, in the 2013-14 Overview of the May Revision , our office displayed operating surpluses of nearly $7 billion in the last year of the forecast period. As recently as last November, in our Fiscal Outlook publication, our office displayed operating surpluses of about $4 billion in 2019-20—about twice the size of the operating surplus described here.
https://lao.ca.gov/Publications/Report/3472