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

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

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

The 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - The withdrawal was made pursuant to the Governor ’s disaster declaration in response to the coronavirus disease 2019 (COVID-19) public health emergency and proclamation of a budget emergency on June 25, 2020.
https://lao.ca.gov/Publications/Report/4418

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 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - However, our Fiscal Outlook revenue forecast, shown in Figure  2 , reflects a smaller, temporary upgrade which reverses beginning in 2026 ‑ 27 —resulting in 2026 ‑27 revenues being in line with budget act estimates.
https://lao.ca.gov/Publications/Report/5091

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - Figure 2 LAO May 2018 Economic Growth Scenario a Percent Change Unless Otherwise Indicated 2017
https://lao.ca.gov/Publications/Report/3829

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

Oct 2, 2018 - Caltrans The budget plan for Caltrans includes total expenditures of $14. 2  b illion from all fund sources, an increase of $2. 8  b illion (or 25  p ercent) from the revised 2017 ‑ 18 l evel of expenditures.
https://lao.ca.gov/Publications/Report/3870/10

The 2020-21 Budget: Proposition 2 Debt Payment Proposals

Mar 10, 2020 - The 2020-21 Budget: Proposition 2 Debt Payment Proposals 2.0 4 Use Proposition   2 t o Keep the CalSTRS Funding Plan On Track. Proposition   2 p resents the Legislature with a unique opportunity to determine how best to use funds that it is required to spend.
https://lao.ca.gov/Publications/Report/4196