The 2022-23 Budget: Multiyear Budget Outlook

May 24, 2022 - The  administration does not include a plan to address these requirements, which would far exceed the state ’s operating capacity. Consequently, under May Revision policies, the state would likely have significant budget shortfalls in the out ‑years.
https://lao.ca.gov/Publications/Report/4602

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - The State Constitution ’s balanced budget provision prohibits the state from enacting a negative SFEU balance for the upcoming fiscal year, in this case, 2024-25. While historically the state mostly has enacted SFEU balances between $1  billion and $4  billion, the Legislature can choose to set the balance at any level above zero.
https://lao.ca.gov/Publications/Report/4902

The 2024-25 Budget: Initial Comments on the Governor’s May Revision [Publication Details]

May 17, 2024 - On May 14, 2024, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on the overall condition and structure of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Detail/4902

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - On May 14, 2024, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on the overall condition and structure of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Report/4902/1

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - On May 14, 2024, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on the overall condition and structure of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Report/4902/2

The 2024-25 Budget: Multiyear Budget Outlook [Publication Details]

May 23, 2024 - This post presents our office’s forecast of the condition of the state General Fund budget through 2027-28 under our revenue estimates and assuming the Governor’s May Revision policies were adopted.
https://lao.ca.gov/Publications/Detail/4907

Key Fiscal and Policy Issues Facing California [Publication Details]

Feb 7, 2024 - Key Fiscal and Policy Issues Facing California identifies some of the biggest and most complex policy issues facing the state and its policymakers. Given the significance and complexity of these issues, our discussion of each issue is necessarily high level and does not provide recommendations.
https://lao.ca.gov/Publications/Detail/4830

The 2023-24 California Spending Plan: Other Provisions [Publication Details]

Nov 8, 2023 - This post discusses features of the state's spending plan that were not covered elsewhere in the 2023-24 Spending Plan series.
https://lao.ca.gov/Publications/Detail/4814

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - During the COVID ‑19 pandemic, the federal government allowed states to temporarily waive family fees in child care programs. The state waived family fees in both the child care and State Preschool programs, with the fees scheduled to return July 1, 2023.
https://lao.ca.gov/Publications/Report/4788

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 2 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Education General Fund (In millions) Provides state share for school construction projects 1,961 Construction and renovation of TK, State Preschool, and full ‑day kindergarten facilities — Note: Includes augmentations above $50 million.
https://lao.ca.gov/Publications/Report/4788/4