The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Publications/Report/4432/6

The 2021-22 Budget: The Governor’s Suspension Proposal

Jan 29, 2021 - It is possible that future state proposals to eliminate or reduce IHSS services could face the similar legal challenges. Other Items Provide Funding for Newer State Programs. Not all suspensions directly fund longstanding government programs.
https://lao.ca.gov/Publications/Report/4328

An Update on California’s Cash Management Situation

Aug 31, 2020 - State Controller Uses a Variety of Techniques to Manage Cash Position. The General Fund ’s daily cash situation is monitored and managed by the State Controller ’s Office (SCO). (The daily cash situations of other state funds, like special funds, are primarily managed by state departments.)
https://lao.ca.gov/Publications/Report/4266

The 2021-22 Budget: California's Fiscal Outlook

Nov 18, 2020 - …But State Also Faces an Operating Deficit Beginning in 2021 ‑22. Under our main forecast, General Fund revenues from the state ’s three largest sources would grow at an average annual rate of less than 1  p ercent.
https://lao.ca.gov/Publications/Report/4297

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Publications/Report/4432/2

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Publications/Report/4432/5

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

Federal COVID-19-Related Funding to California

Apr 28, 2020 - Figure  2 shows our estimate of federal COVID-19-related funding that the state will use for administration of state programs and state-provided services. Our current estimate of the total, quantifiable funding to the state government is roughly $20  billion.
https://lao.ca.gov/Publications/Report/4226

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

May 8, 2020 - …But State ’s Cash Position Will Change Dramatically in the Coming Months. When normal collections resume, the state ’s cash position could improve, but a variety of factors will continue to limit the state ’s available cash.
https://lao.ca.gov/Publications/Report/4228

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - On May 14, 2021, Governor Newsom presented a revised state budget proposal to the Legislature. (This annual proposed revised budget is called the “May Revision.”) In this post, we provide a summary of the Governor’s revised budget, focusing on the overall condition and structure of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Report/4432/1