Ninth Annual Analysis Quiz (Antiobesity Edition) [Publication Details]

Mar 17, 2006 - This time, the analysts win. The contest rules provided that the first reporter to submit a completed and correct entry by the deadline would win. No correct entry was submitted by noon yesterday, so our hard-working analytical staff at LAO who helped to dream up these questions won this time out.
https://lao.ca.gov/Publications/Detail/1466

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 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 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 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

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - Borrowing ($10 Billion) The budget package primarily addresses the budget problem using borrowing —these solutions represent $10  billion or roughly two ‑thirds of the total solutions. We define “borrowing ” as budget actions that achieve savings in the present, but result in an obligation or higher cost for the state in a future year.
https://lao.ca.gov/Publications/Report/5079

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

Rethinking California's Reserve Policy

Apr 10, 2025 - These problems are also clear when California ’s reserves are compared to other states —California ranks near the top in terms of revenue volatility, but below average in terms of reserves. As such, our recommendations are an honest reflection of the volatility in the state ’s tax system.
https://lao.ca.gov/Publications/Report/5028