The 2022-23 Budget: Cap-and-Trade Revenue Update

Apr 29, 2022 - (These funds do not count toward the state appropriations limit.) By comparison, the administration’s January cap-and-trade expenditure plan included nearly $1 billion in discretionary expenditures. February Auction Revenue Similar to LAO Base Forecast.
https://lao.ca.gov/Publications/Report/4591

Strong Tax Collections Belie California's Challenging Fiscal Outlook [Publication Details]

Apr 26, 2022 - In 95 percent of our simulations, the state encountered a budget problem by 2025-26. Notably, the likelihood of a budget problem largely is impervious to the future trajectory of state tax revenues. That is, whether revenues trend upward or downward from here, the state likely faces budget deficits.
https://lao.ca.gov/Publications/Detail/4590

Strong Tax Collections Belie California's Challenging Fiscal Outlook

Apr 26, 2022 - In 95 percent of our simulations, the state encountered a budget problem by 2025-26. Notably, the likelihood of a budget problem largely is impervious to the future trajectory of state tax revenues. That is, whether revenues trend upward or downward from here, the state likely faces budget deficits.
https://lao.ca.gov/Publications/Report/4590

2021-22 “Big Three” Revenue Outlook Update: April 20, 2022 [EconTax Blog]

Apr 21, 2022 - We caution that the implications of unanticipated revenues for the state 's budget are not straightforward.  As we discuss   here , we expect the Legislature very likely will face additional, significant constraints this year due to the requirements of the State Appropriations Limit.  
https://lao.ca.gov/LAOEconTax/Article/Detail/732

The 2022-23 Budget: Student Housing

Apr 8, 2022 - Traditionally, the state has focused its higher education capital funding on academic facilities (such as classrooms, lecture halls, and laboratories), which are not self ‑funded from student charges but rely primarily on state funding.
https://lao.ca.gov/Publications/Report/4589

Climate Change Impacts Across California - Crosscutting Issues [Publication Details]

Apr 5, 2022 - This report contains four primary sections: (1) a description of the five key climate hazards affecting California, (2) the major ways those hazards impact sectors across the state, (3) significant existing state‑level efforts underway to address climate change impacts, and (4) key issues for the Legislature to consider in response to these impacts.
https://lao.ca.gov/Publications/Detail/4575

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - Significant Existing State‑Level Efforts to Address Climate Impacts Given that California is even now beginning to experience the effects of climate change, certain climate adaptation efforts are already underway at the local, regional, and state levels.
https://lao.ca.gov/Publications/Report/4575

Climate Change Impacts Across California - Transportation

Apr 5, 2022 - How can the state avoid working at cross purposes with climate resiliency? How can the state incorporate climate change impacts into transportation infrastructure processes? How can the state support local development of climate ‑resilient transportation infrastructure?
https://lao.ca.gov/Publications/Report/4576

Climate Change Impacts Across California - Housing

Apr 5, 2022 - Increased housing development is of foremost importance to address the state ’s housing challenges. Moreover, responding to climate change impacts does not preclude the state from meeting its housing goals.
https://lao.ca.gov/Publications/Report/4584

Climate Change Impacts Across California - K-12 Education

Apr 5, 2022 - Below, we highlight some of the most significant climate adaptation efforts the state has undertaken related to schools. State Law Provides Continued Funding for Schools When Impacted by Disasters. Under current law, schools generate state funding based on student attendance.
https://lao.ca.gov/Publications/Report/4586