The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - The budget projects IHSS total costs to increase from $13. 6  b illion in 2019 ‑ 20 t o $15. 2  b illion in 2020 ‑21 (11. 7  p ercent). General Fund costs are estimated to slightly increase between 2019 ‑20 ($4. 3  b illion) and 2020 ‑21 ($4. 5  b illion).
https://lao.ca.gov/Publications/Report/4263

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Governor Has a $6   Billion Surplus to Allocate. We estimate the Governor had a $6  b illion surplus to allocate in the 2020 ‑ 21 b udget process. (The box below gives more information on how we use the term “surplus ” in the Overview of the Governor ’s Budget .)
https://lao.ca.gov/Publications/Report/4135

The 2020-21 Budget: California's Spring Fiscal Outlook

May 8, 2020 - Eliminating all the various COLAs would result in General Fund savings of $2. 1  b illion in 2020 ‑21. Most of these savings —$1. 7  b illion —would come from eliminating the COLA for K ‑ 14 e ducation.
https://lao.ca.gov/Publications/Report/4228

The 2020-21 Budget: California's Fiscal Outlook

Nov 20, 2019 - Second, the report addresses what share of the $ 7  b illion surplus in 2020 ‑ 21 i s available to be allocated to ongoing purposes (meaning amounts that occur annually) versus one ‑time purposes (meaning amounts that are spent or saved only in 2020 ‑21).
https://lao.ca.gov/Publications/Report/4111

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769

Supplemental Report of the 2020-21 Budget Act [Publication Details]

Jul 29, 2020 - Supplemental Report of the 2020-21 Budget Act [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4260

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

The 2019-20 Budget: Proposition 98 Outlook

Nov 14, 2018 - By 2021 ‑22, the guarantee is about $7. 6  b illion (8. 8  p ercent) below the level in our growth scenario (see Figure 4). Under the recession scenario, the state not only would be unable to provide COLA in 2020 ‑21 and 2021 ‑22, it also would need to reduce spending (assuming it funds at the lower minimum guarantee).
https://lao.ca.gov/Publications/Report/3897

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

Oct 2, 2018 - California Highway Patrol The budget provides $2. 6  b illion to fund CHP operations. This is an increase of $ 185  m illion, or 7. 8  p ercent —mainly due to increases in funding for capital outlay projects —compared to the revised level of spending in 2017 ‑18.
https://lao.ca.gov/Publications/Report/3870/10

The 2019-20 Budget: California's Fiscal Outlook

Nov 14, 2018 - Transfers (which offset revenues) decline year over year, resulting in total growth in revenues and transfers of $7. 6  b illion overall. General Fund Spending Grows by $2.1   Billion. From 2018 ‑ 19 t o 2019 ‑20, overall General Fund spending grows only $2. 1  b illion.
https://lao.ca.gov/Publications/Report/3896