California's Fiscal Outlook: The 2010-11 Budget [Publication Details]

Nov 18, 2009 - The budget problem consists of a $6.3 billion projected deficit for 2009–10 and a $14.4 billion gap between projected revenues and spending in 2010–11. Addressing this large shortfall will require painful choices—on top of the difficult choices the Legislature made earlier this year.
https://lao.ca.gov/Publications/Detail/2143

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

Oct 2, 2018 - The new funding is provided for the following purposes: Address Operating Shortfall —$19. 6  m illion for three years to address an operating shortfall in the Fish and Game Preservation Fund and allow DFW to continue its existing activities.
https://lao.ca.gov/Publications/Report/3870/9

The 2021-22 Budget: California's Fiscal Outlook

Nov 18, 2020 - A new statutory requirement to provide supplemental payments on top of the minimum level makes even more funding available for schools and community colleges but contributes to the state ’s operating deficit.
https://lao.ca.gov/Publications/Report/4297

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - This settlement is in regards to payments that the tribe had previously made to the state for operating gaming devices in the state. Other Criminal Justice Programs Board of State and Community Corrections (BSCC).
https://lao.ca.gov/Publications/Report/3487/10

Addressing California's Key Liabilities [Publication Details]

May 7, 2014 - Due to its massive unfunded liability and relatively high growth rate, we recommend that the Legislature make a full funding plan for the California State Teachers' Retirement System a top priority in addressing the state's key liabilities.
https://lao.ca.gov/Publications/Detail/3011

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

Jan 13, 2024 - Introduction On January 10, 2024, Governor Newsom presented his proposed state budget to the California Legislature. In this report, we provide a brief summary of the Governor ’s budget based on our initial review as of January 12.
https://lao.ca.gov/Publications/Report/4825

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - (We also include links to Appendix tables at the end of this post and the top left of this page. These appendix tables itemize select proposals by policy area based on our understanding at this time.)
https://lao.ca.gov/Publications/Report/4432

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - At the same time, the state would continue to use $10  billion in reserves in 2025-26 under the administration ’s plan. In addition, recent budgets have relied on nearly $30  billion in borrowing to address deficits, and the Governor ’s budget proposes almost $6  billion in additional borrowing (see Figure  1).
https://lao.ca.gov/Publications/Report/5133

The 2018-19 Budget: California's Fiscal Outlook

Nov 15, 2017 - The top part of Figure  10 assumes the Legislature makes no additional budget commitments. The budget situation, however, would be different under alternative assumptions about spending. In particular, operating surpluses would be lower if spending is higher.
https://lao.ca.gov/Publications/Report/3718

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

Oct 2, 2018 - As part of the 2017 ‑ 18 i ncrease, the state is making an additional maintenance factor payment of $ 789  m illion (on top of a previous $ 536  m illion payment). After making the $1. 3  b illion total payment, the state will have eliminated all remaining maintenance factor for the first time since 2005 ‑06.
https://lao.ca.gov/Publications/Report/3870/3