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The 2019-20 Budget: California's Fiscal Outlook

Nov 14, 2018 - As a result of the dot ‑com bust and ensuing recession in 2001, state revenues declined precipitously. The very next year, looking to budget year 2002 ‑03, our Fiscal Outlook found the state ’s surplus had disappeared, and instead, the budget faced a deficit of $12. 4  b illion for the upcoming year.
https://lao.ca.gov/Publications/Report/3896

Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - This section describes these agreements and the commitments now being funded by Proposition  2 debt payments. (A more detailed list of Proposition  2 eligible debts and recent uses of funding is available on page 4 of this budget brief and page 2 of the administration’s multiyear projections .)
https://lao.ca.gov/Publications/Report/3727

The 2025-26 California Spending Plan: Proposition 4

Oct 16, 2025 - Figure 2 Budget Package Approves New Positions to Implement Proposition 4 Department
https://lao.ca.gov/Publications/Report/5076

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

Apr 26, 2021 - (We provide additional background and detail on the remaining eligible uses of Proposition  2 here .) Figure 4 Outstanding State ‑Only Eligible Uses of Proposition 2 (In Billions)
https://lao.ca.gov/Publications/Report/4418

The 2019-20 Budget: California Spending Plan (Final Version)

Oct 17, 2019 - The spending plan uses $4. 9  b illion ($ 781  m illion is counted toward Proposition   2) t o fully repay most remaining budgetary borrowing, most of which falls into three categories: ( 1)  d eferrals, ( 2)  l oans, and ( 3)  s ettle up.
https://lao.ca.gov/Publications/Report/4083

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

Jan 14, 2019 - Figure 4 Summary of Governor ’s Disaster ‑Related Proposals for 2019 ‑20 ( In Millions)
https://lao.ca.gov/Publications/Report/3916

Fiscal Outlook: Focus on Revenues [EconTax Blog]

Nov 14, 2018 - Expect Revenue Growth to Continue in 2019-20. Figure 2 shows our estimates for 2019-20. Consistent with our economic assumptions, General Fund revenues increase by 5.5 percent from 2018-19 to 2019-20.
https://lao.ca.gov/LAOEconTax/Article/Detail/318

The 2025-26 California Spending Plan: Proposition 4 [Publication Details]

Oct 16, 2025 - The 2025-26 California Spending Plan: Proposition 4 [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/5076

Evolution of the Balance of the Budget Stabilization Account

Nov 14, 2018 - This means, as Figure  2 shows, the enacted BSA balance for 2018 ‑19 is now slightly below the 10  percent threshold. Including Optional Deposits, the BSA Reaches Threshold Level in 2019 ‑20. Under our revenue estimates in the Fiscal Outlook , the formulas under Proposition  2 yield a required deposit in 2019 ‑20 of $1.7  billion.
https://lao.ca.gov/Publications/Report/3900