The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - In addition, the 2017 ‑18 budget package authorized a plan to borrow $6  billion from the state ’s cash resources to make a one ‑time supplemental payment to CalPERS. The state ’s repayments on this borrowing plan, although not technically pension payments, are also considered eligible for Proposition  2 requirements.
https://lao.ca.gov/Publications/Report/4887

Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - These additional General Fund payments have been counted toward Proposition  2. The 2017 ‑18 budget paid the last installment of the funds in this agreement. Estimates of Future Proposition  2 Debt Funding No Added Debt Funding Requirements in 2017 ‑18.
https://lao.ca.gov/Publications/Report/3727

2017 May Revision: LAO Economic Outlook [EconTax Blog]

May 11, 2017 - 2017 May Revision: LAO Economic Outlook [EconTax Blog] 2017 May Revision: LAO Economic Outlook May 11, 2017 Justin Garosi This is one of the LAO 's responses to the 2017-18 May Revision. Other LAO responses are here .
https://lao.ca.gov/LAOEconTax/Article/Detail/239

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Projects in both categories also receive points based on the amount of the local contribution, with districts generally required to cover at least 25  percent of total project costs and receiving more points for covering a larger share.
https://lao.ca.gov/Publications/Report/5159

Evolution of the Balance of the Budget Stabilization Account

Nov 14, 2018 - In 2017 ‑18, only a mandatory deposit was made. Finally, in 2018 ‑19 the Legislature again made both a mandatory and an optional deposit. Balance in 2018 ‑19 Now Slightly Below 10  Percent of General Fund Taxes.
https://lao.ca.gov/Publications/Report/3900

Unit 2 (Attorneys) MOU Analysis

Aug 25, 2022 - Unit 2 (Attorneys) MOU Analysis August 25, 2022 Unit 2 (Attorneys) MOU Analysis On August 22, 2022, our office received a proposed memorandum of understanding (MOU) between the state and Bargaining Unit 2 (Attorneys and Hearing Officers).
https://lao.ca.gov/Publications/Report/4619

The 2025-26 Budget: Community College Facilities

Mar 18, 2025 - Beyond the projects included in the Governor ’s budget, the Chancellor ’s Office reports that districts submitted an additional 25 eligible project proposals for 2025-26, with total associated state costs of roughly $650  million.
https://lao.ca.gov/Publications/Report/5017

Building Reserves to Prepare for a Recession

Mar 7, 2018 - This would consist of two amounts: $13. 5  b illion in the BSA and $2. 3  b illion in the SFEU. The administration currently estimates a very small “true down ” to the BSA in 2017 ‑18, although that may change at the time of the May Revision.
https://lao.ca.gov/Publications/Report/3769

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852