The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - The 2024-25 Budget: Overview of the Spending Plan Update (9/11/24): Managed care organization tax increase corrected in Appendix 1 (Figure 4) and Appendix 2 (Figure 1). Update (10/2/24): Figure 8 has been updated for final actions.
https://lao.ca.gov/Publications/Report/4922/1

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - The 2024-25 Budget: Overview of the Spending Plan Update (9/11/24): Managed care organization tax increase corrected in Appendix 1 (Figure 4) and Appendix 2 (Figure 1). Update (10/2/24): Figure 8 has been updated for final actions.
https://lao.ca.gov/Publications/Report/4922/2

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - The 2024-25 Budget: Overview of the Spending Plan Update (9/11/24): Managed care organization tax increase corrected in Appendix 1 (Figure 4) and Appendix 2 (Figure 1). Update (10/2/24): Figure 8 has been updated for final actions.
https://lao.ca.gov/Publications/Report/4922/3

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

Jan 13, 2025 - The  main differences between our estimates  include: Revenue Estimates Higher by $9   Billion. Over the budget window —2023 ‑24 through 2025 ‑ 26 —the administration ’s estimates of revenues (excluding policy proposals) are higher than our November 2024 estimate by $9  billion.
https://lao.ca.gov/Publications/Report/4951

Rethinking California's Reserve Policy

Apr 10, 2025 - This change alone would improve upon the Governor’s proposal considerably—under our benchmark scenario, the state would be able to cover two‑thirds of funding shortfalls across 50 years, rather than only half (see Figure 9).
https://lao.ca.gov/Publications/Report/5028

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 7 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Resources and Environment General Fund (In Millions) Emergency surge (helitanker contract component) $45 Clean Energy Reliability Investment Plan (SB 846) 100 Diablo Canyon land use planning — Coastal resilience SB 1 implementation 55 Clean Cars 4 All and other equity (ZEV
https://lao.ca.gov/Publications/Report/4788/4

The 2023-24 Budget: Multiyear Assessment

Feb 15, 2023 - Under those projections, the state faces operating deficits of $9 billion in 2024‑25, $9 billion in 2025‑26, and $4 billion in 2026‑27. Because of the state’s constitutional spending requirements, revenues would need to be higher by more than these amounts for the state to be able to afford the spending level currently proposed.
https://lao.ca.gov/Publications/Report/4687

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - Six bargaining units (Units 2 [Attorney and Hearing Officer], 5 [Highway Patrol], 8 [Firefighter], 9 [Professional Engineer], 13 [Stationary Engineer], and 18 [Psyc hiatric Technician]) have active agreements that were ratified before 2023.
https://lao.ca.gov/Publications/Report/4814

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - This amount includes $1. 9  b illion from the General Fund and $ 499  m illion from the counties, with most of the remaining balance from fine, penalty, and court fee revenues. The General Fund amount is a net increase of $ 161  m illion, or 9  p ercent, from the revised 2017 ‑18 amount.
https://lao.ca.gov/Publications/Report/3870/11

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - First, in April, the Legislature passed an early action package that reduced the size of the budget problem by $17.3  billion (Chapter  9 of 2024 [AB  106, Gabriel]). Second, the administration reduced the total amount of new discretionary spending proposals by roughly $200  million (from $1.2  billion in January to about $1  billion).
https://lao.ca.gov/Publications/Report/4902