The 2021-22 Budget: California's Fiscal Outlook

Nov 18, 2020 - Meanwhile, General Fund expenditures under current law and policy grow at an average 4. 4  p ercent per year. The net result is that the state faces an operating deficit, which is relatively small in 2021 ‑22, but grows to around $ 17  b illion by 2024 ‑25 (see figure).
https://lao.ca.gov/Publications/Report/4297

The 2021-22 Budget: California's Fiscal Outlook [Publication Details]

Nov 18, 2020 - However, the state also faces an operating deficit beginning in 2021-22 and throughout the outlook period, growing to $17 billion by 2024-25. Our analysis also finds it is quite unlikely for revenues to grow fast enough for the budget to break even and erase the operating deficit.
https://lao.ca.gov/Publications/Detail/4297

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

The 2020-21 Budget: California Spending Plan Series [Publication Details]

Oct 5, 2020 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The final version of Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2020-21 budget package. As more of these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4330

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

Oct 5, 2020 - Accordingly, the budget package provides $9.6 million General Fund—increasing to $209 million annually by 2024‑25—to assist counties with their increased responsibilities. These costs would be at least partially offset in future years from state savings related to reductions in the DJJ population.
https://lao.ca.gov/Publications/Report/4263

An Update on California’s Cash Management Situation

Aug 31, 2020 - Meanwhile, the state ’s 2020-21 budget package took steps to begin payment deferrals to schools at the end of 2019-20. As a result, payments to schools in June of 2020 were only $300  million, compared to $6  billion anticipated earlier this year.
https://lao.ca.gov/Publications/Report/4266

The 2020-21 Budget: Initial Comments on the Governor’s May Revision

May 17, 2020 - (When the state defers payments to schools from one fiscal year to the next, the state can reduce spending while allowing school districts to continue operating a larger program by borrowing or using cash reserves.)
https://lao.ca.gov/Publications/Report/4232

The 2020-21 Budget: California's Spring Fiscal Outlook

May 8, 2020 - Historically, the state has provided the minimum level of funding for schools and community colleges, even when those levels result in year ‑over ‑year reductions. This approach, however, would involve extraordinary reductions in overall education funding.
https://lao.ca.gov/Publications/Report/4228

Federal COVID-19-Related Funding to California

Apr 28, 2020 - The first section describes funding allocated to public entities in the state, for example, the state government, local governments, other public entities like school districts and tribal governments.
https://lao.ca.gov/Publications/Report/4226

State Funding Actions Related to COVID-19

Apr 20, 2020 - This legislation appropriated $100  million in Proposition  98 (1988) funds to be used for purchasing personal protective equipment and sanitizing and cleaning school facilities. Subsequent guidance from the California Department of Education also allows school districts to use these funds more broadly to meet other needs, such as supporting distance learning.
https://lao.ca.gov/Publications/Report/4223