The 2023-24 Budget: California Spending Plan Series [Publication Details]

Oct 2, 2023 - 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 2023-24 budget package. As these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4835

Assessing California's Climate Policies—The 2022 Scoping Plan Update

Jan 4, 2023 - The plan assumes a 25  percent reduction in per capita VMT by 2030. In contrast, CARB assumes continuing with current policies (the Reference Scenario) would lead to a 4  percent reduction in VMT by  2045.
https://lao.ca.gov/Publications/Report/4656

Cap-And-Trade Auction Update and GGRF Projections

Dec 6, 2021 - Under current law, about 65  percent of this additional revenue ($439  million) will be continuously appropriated to high ‑speed rail (25  percent), affordable housing and sustainable communities (20  percent), transit capital (10  percent) and operations (5  percent), and safe drinking water (5  percent).
https://lao.ca.gov/Publications/Report/4480

The 2020-21 Budget: Addressing Revenue Uncertainty in the 2020-21 Cap-and-Trade Expenditure Plan

Jun 4, 2020 - The Governor ’s expenditure plan includes $25  million to expand various climate research and adaptation activities, if sufficient revenue is available. However, such an expansion might be difficult to implement in 2020 ‑21 given the uncertainty about how much funding will ultimately be available.
https://lao.ca.gov/Publications/Report/4250

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - The state can meet SAL  requirements through a variety of actions, such as lowering revenues from certain taxes, spending more on excludable purposes (for example, tax refunds, capital outlay, and subventions to local governments), and/or providing tax rebates and additional payments to schools.
https://lao.ca.gov/Publications/Report/4597

The 2022-23 Budget: Wildfire and Forest Resilience Package

Jan 26, 2022 - Additionally, A B  38 required a report assessing the cost ‑effectiveness of defensible space and home hardening compared to other activities to be completed by 2024. These required reports should help inform future legislative decisions on how much to spend on various potential approaches to reducing wildfire  risks.
https://lao.ca.gov/Publications/Report/4495

The 2020-21 Budget: Resources and Environmental Protection

Feb 25, 2020 - The recent trade agreement between the U.S., Mexico, and Canada dedicated up to $ 300  m illion for wastewater treatment along the U.S. ‑Mexico border. However, how and where these funds will be spent —including how much will be dedicated to issues in California as compared to other border states —has not yet been determined.
https://lao.ca.gov/Publications/Report/4178

The 2023-24 Budget: Improving Legislative Oversight of CalFire’s Emergency Fire Protection Budget

May 1, 2023 - Furthermore, given that the state has been experiencing a trend towards a greater number of large and destructive wildfires, the administration ’s approach of averaging the five highest years over the past ten years (rather than the average of all the recent years) is  reasonable.
https://lao.ca.gov/Publications/Report/4765

The 2023-24 Budget: Department of Water Resources

Mar 2, 2023 - And while recent storms may have helped recharge some shallow groundwater basins, years of overdraft in deeper basins mean it could take months or years to recharge groundwater in some areas. State Passed Major Legislation to Regulate Groundwater in 2014.
https://lao.ca.gov/Publications/Report/4725

An Initial Review of the Regional Forest and Fire Capacity Program

Dec 13, 2021 - Fourth, grantees vary in when they expect to complete their regional priority plans —those receiving grants in the first round reported their expected completion dates range from the end of 2021 to 2024.
https://lao.ca.gov/Publications/Report/4482