The 2022-23 Budget: Overview of the Spending Plan [Publication Details]

Oct 12, 2022 - Each year, our office publishes the California Spending Plan to summarize the annual state budget. This publication provides an overview of the 2022-23 Budget Act, gives a brief description of how the budget process unfolded, and then highlights major features of the budget approved by the Legislature and signed by the Governor.
https://lao.ca.gov/Publications/Detail/4616

The 2022-23 Budget: California Spending Plan Series [Publication Details]

Sep 29, 2022 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2022-23 budget package. As more of these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4629

The 2019-20 Budget: Undoing California’s Outstanding Budgetary Deferrals

Mar 26, 2019 - California ’s Outstanding Budgetary Deferrals The state has already undone billions of dollars in outstanding budgetary deferrals, most notably, those involving payments to schools and community colleges.
https://lao.ca.gov/Publications/Report/3988

Strong Tax Collections Belie California's Challenging Fiscal Outlook [Publication Details]

Apr 26, 2022 - Strong Tax Collections Belie California's Challenging Fiscal Outlook [Publication Details] Strong Tax Collections Belie California's Challenging Fiscal Outlook Format: HTML Description: Given the persistent strength in state tax collections, it may come as a surprise that California’s General Fund likely faces a budget problem in the coming years.
https://lao.ca.gov/Publications/Detail/4590

The 2022-23 Budget: California’s Fiscal Outlook [Publication Details]

Nov 17, 2021 - In this report, we anticipate the state will have a $31 billion surplus to allocate in the upcoming fiscal year and operating surpluses ranging from $3 billion to $8 billion over the multiyear period.
https://lao.ca.gov/Publications/Detail/4472

The 2020-21 Budget: Proposition 2 Debt Payment Proposals

Mar 10, 2020 - In those intervening years, there would be a difference between the rate the state is paying and the rate the state would pay if the CalSTRS board had full rate setting authority. In dollar terms, this difference would very roughly equal $ 525  m illion in the first year, $ 350  m illion in the second year, and $ 175  m illion in the third year.
https://lao.ca.gov/Publications/Report/4196

The 2021-22 Budget: California Spending Plan Series [Publication Details]

Aug 24, 2021 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2021-22 budget package. As more of these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4464

The Quiet Transformation in California’s Cash Management

Aug 29, 2019 - California’s constitutional balanced budget requirement notwithstanding, some form of short-term borrowing is necessary because cash receipts and disbursements within the year do not line up. General Fund disbursements are spaced relatively evenly throughout the fiscal year while a majority of tax collections are received later in the year.
https://lao.ca.gov/Publications/Report/4091

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

Oct 5, 2020 - The 2020-21 Budget: Overview of the California Spending Plan (Final Version) [Publication Details] The 2020-21 Budget: Overview of the California Spending Plan (Final Version) Format: HTML Description: Each year, our office publishes the California Spending Plan to summarize the annual state budget.
https://lao.ca.gov/Publications/Detail/4263

COVID-19 and California’s Evolving Fiscal Outlook

Mar 18, 2020 - The extended tax filing due date —while justified —will further complicate the task of developing revised revenue estimates both for the current year and the 2020 ‑21 fiscal year. Given that it will take time to appraise the ultimate effects on the state, the Legislature may need to take incremental steps —like adopting a workload budget in the nearer term —to
https://lao.ca.gov/Publications/Report/4203