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: Transportation

Feb 10, 2020 - Governor’s Proposal The Governor proposes an increase of $1. 7  m illion for four years from the SHA to support the department ’s legal division for anticipated workload increases stemming from the recent wildfire lawsuit.
https://lao.ca.gov/Publications/Report/4149

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

May 17, 2021 - Budget Structure This section and figure  6 describe the allocation of the $38  billion General Fund surplus, which excludes spending on schools and community colleges. The Governor allocates: $25  billion to one-time or temporary spending, including nearly $15  billion for capital outlay; $7  billion to revenue-related reductions; $3.4  billion to the Special
https://lao.ca.gov/Publications/Report/4432

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The Governor ’s budget includes an increase of $ 540   m illion ongoing General Fund for the universities —$ 300   m illion (7. 6   p ercent) for CSU and $ 240   m illion (6. 9   p ercent) for UC. Whereas the previous Governor favored giving the universities unrestricted increases and allowing them to determine funding priorities, the new administration takes a different approach by itemizing proposed funding increases.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: Transportation Proposals

Feb 26, 2019 - However, as we discussed previously, the MVA is still projected to become insolvent in 2020 ‑21 despite the various actions (such as suspending certain capital outlay projects) taken to help address its immediate solvency.
https://lao.ca.gov/Publications/Report/3948

The 2018-19 Budget: Transportation Proposals

Feb 8, 2018 - The Governor ’s budget proposes total expenditures of $2. 6  b illion in 2018 ‑19, which is about $ 177  m illion, or 7  p ercent, more than the revised current ‑year estimate. The year ‑over ‑year increase is mainly the result of the Governor ’s proposal to revert $ 141  m illion in funding for four capital outlay projects and shift to lease revenue bonds to finance these same projects.
https://lao.ca.gov/Publications/Report/3745

The 2020-21 Budget: Effect of Lower Cap-and-Trade Revenues on the High-Speed Rail Project

Jun 4, 2020 - The 2020-21 Budget: Effect of Lower Cap-and-Trade Revenues on the High-Speed Rail Project The 2020-21 Budget Effect of Lower Cap-and-Trade Revenues on the High-Speed Rail Project The final quarterly cap-and-trade auction in 2019 ‑20 —which was held in May 2020 —generated very little revenue compared to recent auctions.
https://lao.ca.gov/Publications/Report/4252

The 2023-24 Budget: Proposed Fund Shift for CHP and DMV Capital Projects

Feb 27, 2023 - (For reference, we estimate that roughly $35 million in additional revenue could be generated annually from a $1 increase in the base vehicle registration, and roughly $6 million from a $1 increase in the driver’s license fee.)
https://lao.ca.gov/Publications/Report/4710

The 2020-21 Spending Plan: Transportation

Oct 5, 2020 - The budget includes $31.8  million in 2020 ‑21 (growing to $43.4  million annually beginning in 2024 ‑25) from SHA to augment funding for the Litter Abatement Program to address increased litter on the state highway system.
https://lao.ca.gov/Publications/Report/4272

Impact of COVID-19 on State Transportation Revenues

Sep 17, 2020 - The 2020 ‑21 Budget Act estimates that STA funding will be $414  million in 2020 ‑21, which is a $265  million (39  percent) year-over-year reduction. STA reductions are among the many revenue losses transit agencies will be facing.
https://lao.ca.gov/Publications/Report/4268