Fiscal Outlook Addendum: CalPERS

Nov 18, 2015 - A CalPERS committee rejected a proposal from representatives of the Governor 's administration for a much faster shift to a 6.5 percent discount rate. That plan would have cost the state more in the near term, but potentially less than the adopted plan decades from now.
https://lao.ca.gov/Publications/Report/3308

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - . $6.5  million and 12  positions for DWR to conduct more extensive dam and spillway inspections and review the aforementioned emergency response plans and inundation maps. In 2017 ‑18 these activities would be supported by a General Fund loan to the Dam Safety Fund, to be repaid and sustained on an ongoing basis through increased fees paid by dam owners.
https://lao.ca.gov/Publications/Report/3694/9

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The budget provides two ‑year limited ‑term funding of $6.5  million from the General Fund and 31  positions for legal workload related to state responses to actions taken by the federal government. In addition, budget trailer legislation specifies that if federal litigation involving the California Secure Choice Retirement Savings Program arises and DOJ lacks sufficiently
https://lao.ca.gov/Publications/Report/3694/11

The 2018-19 Budget: Governor's Gann Limit Estimates

Apr 6, 2018 - Adopting these recommendations would reduce state room under the SAL by $6.8  billion in 2016 ‑17, $5.8  billion in 2017 ‑18, and $6.5  billion in 2018 ‑19. Figure 4
https://lao.ca.gov/Publications/Report/3800

Fiscal Outlook: Developmental Services

Nov 15, 2017 - By 2021-22, we project General Fund expenditures for DDS to reach $6.5  billion, resulting in an average annual growth rate of 11.7  percent over the outlook period. Two factors account for nearly all of the growth in the DDS General Fund budget: the rising statewide minimum wage and growing caseload.
https://lao.ca.gov/Publications/Report/3717

LAO Multiyear State Budget Outlook

May 20, 2016 - Our office ’s estimates currently grow aggregate HHS General Fund spending by 6.5 percent per year between 2016-17 and 2019-20. This estimate includes hundreds of millions of dollars in additional costs related to the state minimum wage increase and significant caseload growth in the largest HHS programs: Medi-Cal, the Department of Developmental Services, and the In-Home Supportive Services program.
https://lao.ca.gov/Publications/Report/3472

The 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - (This results in a corresponding increase in the mandatory withdrawal, from $4.7  billion to $6.5  billion.) Under the state ’s interpretation of the withdrawal rules in the case of a disaster, the state could withdraw any amount from either the optional or mandatory balance in 2020 ‑21.
https://lao.ca.gov/Publications/Report/4418

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The budget provides an additional (1)  $28.4  million from the General Fund for California Disaster Assistance Act (CDAA) to provide disaster ‑related assistance to local communities, such as for the 2017 winter storms and for the removal of dead and dying trees that pose a risk to public infrastructure; (2)  $25  million from the Greenhouse Gas Reduction Fund for grants to local fire departments
https://lao.ca.gov/Publications/Report/3694/12

Fiscal Outlook: Medi-Cal

Nov 14, 2018 - From 2018-19 to 2019-20, the effective state share of cost for this population will increase from 6.5  percent to 8.5  percent. As a result, we project that General Fund spending on the ACA optional expansion population will increase by nearly $400  million between 2018-19 and 2019-20.
https://lao.ca.gov/Publications/Report/3898

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - This total includes $6.5  billion for general obligation bond debt ($5  billion from the General Fund) and $822  million for lease revenue bond debt ($633  million from the General Fund). Capital Outlay Appropriates $2.6  Billion for Capital Outlay in 2023-24.
https://lao.ca.gov/Publications/Report/4814