The 2022-23 Budget: Secretary of State Request to Waive Business Filing Fees

Feb 7, 2022 - That being said, lowering fees creates risk that the special fund might not have sufficient resources in a particular year. This is demonstrated by the volatility in revenues to the fund. For example, between 2011 ‑12 and 2020 ‑21, year ‑over ‑year growth in revenues ranged from a 40  percent increase in revenues between 2013 ‑14 and 2014 ‑15
https://lao.ca.gov/Publications/Report/4516

Updated 2022-23 "Big Three" Revenue Outlook [EconTax Blog]

Aug 1, 2022 - That being said, there is a quarter left in the fiscal year and the trajectory of the economy remains  very cloudy. As a result, there remains significant uncertainty about how much the state ultimately will collect.
https://lao.ca.gov/LAOEconTax/article/Detail/744

Updated 2022-23 "Big Three" Revenue Outlook [EconTax Blog]

Aug 1, 2022 - That being said, there is a quarter left in the fiscal year and the trajectory of the economy remains  very cloudy. As a result, there remains significant uncertainty about how much the state ultimately will collect.
https://lao.ca.gov/LAOEconTax/Article/Detail/744

The 2019-20 Budget: Deferred Maintenance

Feb 8, 2019 - Specifically, as shown in Figure  1 , the 2015 ‑16, 2016 ‑17, and 2018 ‑ 19 b udgets provided a total of almost $1. 3 b illon —$ 910  m illion from non ‑Proposition  98 General Fund and $ 18  m illion from the Motor Vehicle Account for projects at 25  departments, as well as $ 333  m illion in Proposition  98 General Fund that could be used for deferred maintenance projects at the community college system.
https://lao.ca.gov/publications/report/3929

The 2019-20 Budget: Deferred Maintenance

Feb 8, 2019 - Specifically, as shown in Figure  1 , the 2015 ‑16, 2016 ‑17, and 2018 ‑ 19 b udgets provided a total of almost $1. 3 b illon —$ 910  m illion from non ‑Proposition  98 General Fund and $ 18  m illion from the Motor Vehicle Account for projects at 25  departments, as well as $ 333  m illion in Proposition  98 General Fund that could be used for deferred maintenance projects at the community college system.
https://lao.ca.gov/Publications/Report/3929

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - The state uses bonds primarily to pay for the planning, construction, and renovation of infrastructure projects such as bridges, dams, prisons, parks, schools, and office buildings. The state is prohibited from borrowing money to finance state operations.
https://lao.ca.gov/Publications/Report/4331

The 2022-23 Budget: State Payments on the Federal Unemployment Insurance Loan

Feb 15, 2022 - Under the high ‑cost scenario, the state ’s full economic recovery is delayed several years, and interest rates paid on the UI loans increase gradually over the next several years. Loan Will Take Many Years to Repay Under Either Scenario.
https://lao.ca.gov/Publications/Report/4543

2021-22 “Big Three” Revenue Outlook Update: March 2022 [EconTax Blog]

Mar 28, 2022 - As we discuss   here , we expect the Legislature very likely will face additional, significant constraints this year due to the requirements of the State Appropriations Limit.  
https://lao.ca.gov/LAOEconTax/Article/Detail/729

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

Proposition 31 [Ballot]

Nov 8, 2022 - (Last year, state tobacco tax revenue was about $2  billion.) This revenue loss would reduce funding for the types of programs listed in Figure  1, such as health care. The size of this revenue loss depends largely on how consumers respond to the proposition.
https://lao.ca.gov/BallotAnalysis/Proposition?number=31&year=2022