The 2022-23 California Spending Plan: The State Appropriations Limit

Sep 30, 2022 - For example, for 2021-22, total SAL revenues and transfers increased from $223  billion at Governor ’s budget to $256  billion at May Revision. As the figure shows, however, the May Revision did not reflect excess revenues across 2020-21 and 2021-22 because the administration also proposed a significant amount of new SAL-excludable spending, much of which was scored to 2021-22, that reduced appropriations subject to the limit.
https://lao.ca.gov/Publications/Report/4631

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - The budget package includes roughly $1.1  billion General Fund (transferred into the California Emergency Relief Fund) in 2021 ‑22 to provide one ‑time retention payments to eligible workers in certain health care facilities, including hospitals and skilled nursing facilities.
https://lao.ca.gov/Publications/Report/4616

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Resources and Environment: Discretionary Spending Proposals in the 2021 ‑11 Budget Package General Fund (In Millions) Environmental justice initiative (Climate resilience package) — Emergency response and preparedness: fire crews — Various wildfire resilience programs (Wildfire resilience package) — Waste reduction and recycling programs (Circular economic package) — Clean vehicle incentive
https://lao.ca.gov/Publications/Report/4448/1

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

May 17, 2021 - The funds will be transferred soon, but the state has until December 31, 2024 to use the funds. The U.S. Department of the Treasury recently released detailed guidance with more detail on how these funds can be used.
https://lao.ca.gov/Publications/Report/4432

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The Governor proposes attributing this $ 700  m illion deposit to the 2018 ‑19 fiscal year, although the actual transfer likely would take place after June 30, 2019. No Deposit Into School ’s Constitutional Reserve Required.
https://lao.ca.gov/Publications/Report/3916

The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - As shown in Figure 3 , the balance of the state ’s constitutional reserve, the Budget Stabilization Account (BSA), would grow to about 10 percent of General Fund revenues and transfers ($21 billion) under our revenue estimates.
https://lao.ca.gov/Publications/Report/4472

The 2022-23 Budget: Initial Comments on the Governor's May Revision

May 16, 2022 - Reflecting these unprecedented collections, the May Revision assumes revenues (excluding Budget Stabilization Account [BSA] transfers) will be $57  billion higher than the Governor ’s budget over the budget window.
https://lao.ca.gov/Publications/Report/4598

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - For example, the language allows DOF to transfer amounts within a program, project, or function, or between department ’s state operations and local assistance items, in order to support the implementation of the appropriations of these funds.
https://lao.ca.gov/Publications/Report/4448

The 2019-20 May Revision: LAO Revenue Outlook [Publication Details]

May 12, 2019 - This post details our General Fund revenue outlook for 2017‑18 through 2022‑23. Our estimates of General Fund revenues and transfers for the “budget window”—2017‑18 through 2019‑20—are $774 million (0.2 percent) above the administration’s May 2019 revenue forecast.
https://lao.ca.gov/Publications/Detail/4037

Managing California’s Cash

Sep 3, 2019 - The overall effect of A B   1054 o n the state ’s cash balances is yet to be seen —it will depend on decisions by the administration about how much to transfer to the fund, when to make those transfers, and when to issue the new bonds to repay the loan.
https://lao.ca.gov/Publications/Report/4092