The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor proposes to pay down $8.4  billion of this amount, with districts receiving the associated cash in 2021 ‑22. Slightly more than $4  billion would remain deferred from 2021 ‑22 to 2022 ‑23.
https://lao.ca.gov/Publications/Report/4309

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

Apr 26, 2021 - The 2021-22 Budget: The Governor’s Proposition 2 Proposals The Governor ’s Proposition  2 Proposals Introduction Passed by voters in 2014, Proposition  2 changed budgeting practices concerning: (1)  reserves and (2)  debt payments.
https://lao.ca.gov/Publications/Report/4418

The 2022-23 Budget: California's Fiscal Outlook Press Availability - The 2022-23 Budget: California's Fiscal Outlook Press Availability [Video]

The 2022-23 Budget: California's Fiscal Outlook Press Availability - The 2022-23 Budget: California's Fiscal Outlook Press Availability [Video] Search LAO Videos The 2022-23 Budget: California 's Fiscal Outlook Press Availability November 17, 2021 Legislative Analyst Gabriel Petek hosts a video call with members of the press
https://lao.ca.gov/Videos/Player?playlistId=116

Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - However, in a recession excess capital gains likely will be low or zero and Proposition 2 debt funding only results from the calculation’s base amount. In our Fiscal Outlook estimates, under a recession scenario, Proposition 2 debt payment funding would be about $400 million lower in each 2019‑20 and 2020‑21 and $250 million lower in 2021‑22.
https://lao.ca.gov/Publications/Report/3727

Evolution of the Balance of the Budget Stabilization Account

Nov 14, 2018 - In 2021 ‑22 assuming either the optional deposit or the deposit made under the rules of Proposition  58 count. Sometime After 2022 ‑23 assuming neither the optional deposit nor the deposit made under the rules of Proposition  58 count.
https://lao.ca.gov/Publications/Report/3900

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - California’s Strong Revenue Trends Mask Looming Budget Risk January 23, 2026 Tweet Gabriel PetekLegislative Analyst History suggests that fiscal risks can build during times when they are easiest to ignore.
https://lao.ca.gov/Publications/Report/5104

The 2019-20 Budget: California Spending Plan—Debt Liabilities

Oct 17, 2019 - Chapter  33 of 2019 (SB  90, Committee on Budget and Fiscal Review) appropriates a General Fund supplemental payment to CalPERS in 2018 ‑19 ($2.5  billion), 2020 ‑21 ($265  million), 2021 ‑22 ($200  million), and 2022 ‑23 ($35  million).
https://lao.ca.gov/Publications/Report/4106

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Proposition 2 Proposition   2 Contains Annual Debt Payment Requirement. Proposition  2 created new rules regarding: (1)  deposits into the state ’s rainy ‑day fund and (2)  accelerating payments toward certain eligible debts.
https://lao.ca.gov/Publications/Report/4887

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

Oct 5, 2020 - Includes Plan to Close Two Prisons by 2022 ‑23. The administration has indicated it plans to close one prison in 2021 ‑22 and another in 2022 ‑ 23 i n order to accommodate the ongoing decline in the inmate population, primarily resulting from Proposition  57 (2016).
https://lao.ca.gov/Publications/Report/4263

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - The June 2021 budget plan established a plan to expand eligibility for transitional kindergarten beginning in 2022 ‑23. Under the plan, all four ‑year old children will be eligible by 2025 ‑26. (Previously, only children born between September 2 and December 2 were eligible.)
https://lao.ca.gov/Publications/Report/4616