The 2019-20 Budget: Transportation Proposals

Feb 26, 2019 - First, the state received $2. 6  b illion in American Recovery and Reinvestment Act (ARRA) funds in 2009. The funding agreement for these funds requires the state to provide $2. 5  b illion in matching funds, but allows the state to spend down the federal funds in advance of the state match.
https://lao.ca.gov/Publications/Report/3948

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

Jan 14, 2019 - In addition to required annual contributions, the Governor proposes that the state make supplemental contributions from the General Fund to the pension systems to reduce the unfunded liabilities and reduce state costs over the next few decades.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: Overview of the Governor's Budget [Publication Details]

Jan 14, 2019 - Although the Governor’s allocation to discretionary reserves represents a smaller share of resources than recent budgets, the Governor’s decision to use a significant share of resources to pay down state debts is prudent.
https://lao.ca.gov/Publications/Detail/3916