LAO Multiyear State Budget Outlook

May 19, 2017 - The top part of each bar shows our projection of the annual Budget Stabilization Account (BSA) deposit. The bottom part of each bar shows the annual operating surplus (the amount by which projected revenues exceed expenditures).
https://lao.ca.gov/Publications/Report/3675

The 2015-16 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2015 - Barring a sustained stock market drop, an additional 2014-15 revenue gain of $1 billion to $2 billion seems likely in addition to the Governor's budget projection. Even bigger gains of a few billion dollars more are possible in 2014-15.
https://lao.ca.gov/Publications/Detail/3157

LAO Multiyear State Budget Outlook

May 20, 2016 - The top part of each bar shows our projection of the annual BSA deposit. The bottom part of each bar shows the annual operating surplus (the amount by which projected revenues exceed expenditures). As the figure shows, under our office ’s May 2016 economic growth scenario assumptions, we estimate the state ’s budget has the capacity to pay for the Governor ’s May Revision proposals over the period.
https://lao.ca.gov/Publications/Report/3472

A History of California’s Budget Reserves

Mar 24, 2017 - The blue bars display enacted reserves, or the amount of combined SFEU and BSA reserves assumed in the annual state budget for the upcoming fiscal year. The dashed line shows actual reserves, or the revised level of reserves estimated by the Department of Finance for the current year, after the state has more information about realized revenues and expenditures.
https://lao.ca.gov/Publications/Report/3630

The 2018-19 May Revision: LAO Multiyear State Budget Outlook

May 17, 2018 - The top part of each bar shows our projection of the annual BSA deposit. The bottom part of each bar shows the annual operating surplus (the amount by which projected revenues exceed expenditures). These operating surpluses are positive, which indicates that —assuming the economy continues to grow —the state ’s budget has the capacity to pay for the Governor ’s
https://lao.ca.gov/Publications/Report/3843

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - As the figure shows, under the Governor ’s budget policies (orange bars), the state is most likely to face large and growing budget deficits as soon as 2023 ‑24. If the Governor ’s budget proposals that do not meet a SAL requirement are rejected (and those funds are saved instead [blue bars]), the state can most likely delay those deficits until 2025 ‑26.
https://lao.ca.gov/Publications/Report/4583

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - The orange bars show the surplus or shortfall after accounting for these withdrawals. By the end of the period, the Proposition  98 budget is back in balance and the state makes a small reserve deposit.
https://lao.ca.gov/Publications/Report/4646

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - Specifically, we suggest the Legislature: (1) plan for lower revenues, (2) maintain a similar reserve withdrawal, (3) develop a plan for school and community college funding, (4) maximize reductions in one ‑time spending, and (5) apply a higher bar for any discretionary proposals and contain ongoing service level.
https://lao.ca.gov/Publications/Report/4825

Highlights of the 2007-08 Analysis and Perspectives and Issues [Publication Details]

Feb 21, 2007 - Highlights of the 2007-08 Analysis and Perspectives and Issues [Publication Details] Description: This document summarizes and provides links to the major findings in the 2007-08 Analysis of the Budget Bill and Perspectives and Issues.
https://lao.ca.gov/Publications/Detail/1554

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Trailer legislation also specifies legislative intent to link the RMR to the 85th  percentile of the most recent market survey based on available funding. Slots Budget Package Increases Funding for State Preschool Slots.
https://lao.ca.gov/Publications/Report/3487/4