The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - This proposal would provide all colleges with at least as much funding as they received under certain calculations in 2024 ‑ 25 —regardless of the number of students they serve in the future. The budget provides nearly $3.7  billion for schools and $487  million for community colleges to cover these adjustments and  proposals. $2.3   Billion One Time for Infrastructure.
https://lao.ca.gov/Publications/Report/4492

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - These funds have various spending deadlines, but the majority must be spent by September 2024. As of September 2021, California schools reported spending less than 15  percent of available federal funds.
https://lao.ca.gov/Publications/Report/4473

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - The spending plan includes a one-time appropriation of $25  million General Fund in 2021 ‑22 (available for encumbrance or expenditure until June 30, 2024) for the department to fund technology modernization solutions proposed by state entities.
https://lao.ca.gov/Publications/Report/4452

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - However, legislative reauthorization of a similar MCO tax for a three ‑year period beginning in January 2023 could result in around $2 billion in annual General Fund savings relative to our projections in 2023 ‑24 and 2024 ‑25 and $1 billion in General Fund savings in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4474

The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - Accordingly, the budget package provides $9.6 million General Fund—increasing to $209 million annually by 2024‑25—to assist counties with their increased responsibilities. These costs would be at least partially offset in future years from state savings related to reductions in the DJJ population.
https://lao.ca.gov/Publications/Report/4263

Rethinking California's Reserve Policy [Publication Details]

Apr 10, 2025 - Over the last few years, the state has indeed experienced significant fluctuations—large surpluses followed by significant deficits. This volatility has prompted interest in changes to the state’s reserve policy.
https://lao.ca.gov/Publications/Detail/5028

An Update on California’s Cash Management Situation

Aug 31, 2020 - Meanwhile, the state ’s 2020-21 budget package took steps to begin payment deferrals to schools at the end of 2019-20. As a result, payments to schools in June of 2020 were only $300  million, compared to $6  billion anticipated earlier this year.
https://lao.ca.gov/Publications/Report/4266

Despite Fiscal Forecasting Uncertainties, Multiyear Budget Planning Essential

May 27, 2021 - This manifests in operating deficits that persist through the outlook horizon (2024‑25). Adopting a budget with this combination of assumptions is inadvisable in our view. One reason is that—given the state’s balanced-budget requirement—doing so requires assuming that the multiyear budget projections are wrong.
https://lao.ca.gov/Publications/Report/4443

The 2021-22 Budget: Multiyear Budget Outlook

May 23, 2021 - The 2021-22 Budget: Multiyear Budget Outlook The 2021-22 Budget Multiyear Budget Outlook 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.
https://lao.ca.gov/Publications/Report/4437

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

Oct 27, 2021 - Transportation: Discretionary Spending Proposals in the 2021 ‑22 Budget Package General Fund (In Millions) Highways, roads, and transit (transportation infrastructure package) b — Port of Oakland truck, rail, and neighborhood safety corridor — Active transportation (transportation infrastructure package) b — State and local adaptation (transportation Infrastructure package) b — Santa Fe Springs
https://lao.ca.gov/Publications/Report/4448/1