How Program Spending Grew in Recent Years [Publication Details]

Jan 5, 2023 - How Program Spending Grew in Recent Years [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/4659

New Inflation Poses Not So New Budget Risk [Publication Details]

Dec 15, 2022 - Once it emerged, inflation accelerated throughout 2021 and has remained elevated this year with as yet indeterminate signs of abating. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/4653

New Inflation Poses Not So New Budget Risk

Dec 15, 2022 - All state spending into the economy —whether it goes toward health care, corrections, schools, or tax rebates —must be funded with revenue extracted from the economy. Reserves Offer Insurance Against Downside Risk By far, the biggest fiscal threat posed by inflation is its propensity to raise the risk of a recession.
https://lao.ca.gov/Publications/Report/4653

The 2023-24 Budget: California's Fiscal Outlook [Publication Details]

Nov 16, 2022 - Update (11/22/22): The original version of this report identified a $25 billion —instead of a $24 billion —budget problem, which reflected an error in the way we accounted for student housing grant program funding.
https://lao.ca.gov/Publications/Detail/4646

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - On the other hand, we do reflect spending on school facilities of $2  billion in 2023 ‑24 and $875  million in 2024 ‑25, and broadband spending of $300  million in 2023 ‑24 and $250  million in 2024 ‑25, in which enacted legislative intent language met our criteria.
https://lao.ca.gov/Publications/Report/4646

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - This includes, for example, the majority of state funding to school districts, which is provided through the Local Control Funding Formula (LCFF); base funds provided to the universities; and funds to the trial courts.
https://lao.ca.gov/Publications/Report/4647

The 2022-23 Budget: Overview of the Spending Plan [Publication Details]

Oct 12, 2022 - Each year, our office publishes the California Spending Plan to summarize the annual state budget. This publication provides an overview of the 2022-23 Budget Act, gives a brief description of how the budget process unfolded, and then highlights major features of the budget approved by the Legislature and signed by the Governor.
https://lao.ca.gov/Publications/Detail/4616

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - The 2022 ‑23 budget spending plan includes one ‑time General Fund in 2022 ‑23 ($159.1  million), 2023 ‑24 ($34.1  million), and 2024 ‑25 ($534.1  million) to accelerate the time line, reaching full implementation by 2024 ‑25, one year ahead of the original schedule.
https://lao.ca.gov/Publications/Report/4616

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - SAL = state appropriations limit; CAC = California Arts Council; CSSSA = California State Summer School for the Arts; CDE = California Department of Education; CDFA = California Department of Food and Agriculture; CSL = California State Library; CTC = Commission on Teacher Credentialing; DCA = Department of Consumer Affairs; DCC = Department of Cannabis Control; DFPI = Departm
https://lao.ca.gov/Publications/Report/4616/1

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

Sep 30, 2022 - Districts currently set aside approximately $2.2  billion per year related to this requirement. These funds meet the definition of capital outlay for SAL purposes, and so the spending plan adopts a plan to require school districts to exclude this spending from their limits.
https://lao.ca.gov/Publications/Report/4631