The 2021-22 Budget: The Governor’s Suspension Proposal [Publication Details]

Jan 29, 2021 - Under current law, about $1.3 billion in state expenditures—including many that directly support core government services—are subject to potential suspension in 2021-22. Given that the state has a significant windfall, it is unlikely that these suspensions would be operative under current law. The Governor proposes maintaining the suspension calculation for 2022-23.
https://lao.ca.gov/Publications/Detail/4328

The 2021-22 Budget: Multiyear Budget Outlook [Publication Details]

May 23, 2021 - This report presents our office’s independent assessment of the condition of the state General Fund budget through 2024-25 assuming the economy continues to grow. While the state faces a historic surplus, a spending level beyond what is proposed by the Governor would require the Legislature to identify proposals to reject.
https://lao.ca.gov/Publications/Detail/4437

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: 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

State Funding Actions Related to COVID-19

Apr 20, 2020 - State Funding Actions Related to COVID-19 COVID-19 State Funding Actions Related to COVID-19 This post summarizes recent legislative and administrative action to allocate state funds to respond to the coronavirus disease 2019 (COVID-19) public health emergency.
https://lao.ca.gov/Publications/Report/4223

Taking Stock of California’s Recession Readiness

Feb 12, 2020 - Whether the state ’s multiyear fiscal outlook shows operating surpluses or deficits when a recession begins can have a significant effect on how resilient it is through the downturn. If the state enters the recession with an operating deficit, the decline in revenues caused by the recession will only worsen the state ’s budget problem.
https://lao.ca.gov/Publications/Report/4156

COVID-19 and California’s Evolving Fiscal Outlook

Mar 18, 2020 - Earlier this week the Legislature provided the administration additional resources and authority to ensure the state can effectively respond. Similarly, there is a marshaling of resources occurring at the federal level that should offer support to the economy and the state ’s fiscal situation.
https://lao.ca.gov/Publications/Report/4203

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

State Spending and Administrative Costs [Publication Details]

Sep 29, 2020 - State Spending and Administrative Costs [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4273