The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The Governor ’s budget maintains an already planned withdrawal from the state ’s rainy day fund, which we think is a reasonable choice. Since 2023 ‑24, the Legislature has addressed a cumulative total of $82  billion in budget problems, but even including the withdrawal for 2025 ‑26, has only used about half of the Budget Stabilization Account (BSA).
https://lao.ca.gov/Publications/Report/4951

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Figure 7 Governor Still Uses Budget Solutions Despite Historic Revenue Growth Budget Solutions From 2020 Maintained in 2021 May Revision (In Billions) Reserve Withdrawals Make Budget Stabilization Account withdrawal $7.8 Make Safety Net Reserve withdrawal 0.5
https://lao.ca.gov/Publications/Report/4432

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - The state has many types of solutions —or tools —for addressing a budget problem, but the most important include: reserve withdrawals, spending reductions, revenue increases, and cost shifts (for example, between funds).
https://lao.ca.gov/Publications/Report/4662

Mental Health Services Act: Revenue Volatility and the Governor’s Proposal to Reduce Allowable County Reserves

Jul 13, 2023 - …As Should Withdrawal and Deposit Rules. While a rainy-day fund designed for a relatively stable revenue stream might be reasonably focused on economic recessions, the historical experience with MHSA suggests that an effective withdrawal policy would allow counties to access reserves during economic expansions as well.
https://lao.ca.gov/Publications/Report/4780

The 2024-25 California Spending Plan: Health

Sep 17, 2024 - Withdrawing the scheduled end of the deferral in 2024-25, thereby allowing it to continue, provides $5 33  million one-time General Fund savings in 2024-25. Reduces Equity and Practice Transformation Payments .
https://lao.ca.gov/Publications/Report/4930

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

Jan 13, 2022 - If the Proposition  98 guarantee were to drop, the Legislature would be able to withdraw this amount to maintain funding for programs. (In some cases, the constitutional formulas would require withdrawals.)
https://lao.ca.gov/Publications/Report/4492

The 2021-22 Budget: Department of Developmental Services (DDS) May Revision Budget Proposal

May 24, 2021 - The administration proposed a similar program in 2020, but chose to withdraw the proposal as the pandemic took hold. At the time the proposal was made, our office noted that the DDS system lacked some of the optimal conditions for a successful performance incentive program, including clear, observable measures and few competing interests (due to RC staff having many different demands on their time, particularly given their individual caseloads).
https://lao.ca.gov/Publications/Report/4438

The 2024-25 Budget: Medi-Cal Analysis

Feb 14, 2024 - The Governor ’s budget assumes that withdrawing the scheduled end of the deferral in 2024 ‑25, thereby allowing it to continue, provides $533  million one ‑time General Fund savings. Delays Funding Rounds of Behavioral Health Grant Initiatives.
https://lao.ca.gov/Publications/Report/4838

The 2024-25 Budget: Department of Health Care Access and Information

Feb 27, 2024 - Moreover, pulling back one-time spending now would leave other one-time tools—such as reserve withdrawals—available to the Legislature in the future. State ’s Ability to Resume Support for Delayed General Fund Spending in Future Is Uncertain.
https://lao.ca.gov/Publications/Report/4860

The 2021-22 Budget: Analysis of CalAIM Financing Issues

Feb 16, 2021 - Prior to its withdrawal, the Governor proposed to fund CalAIM with $ 348  m illion General Fund ($ 695  m illion total funds) in 2020 ‑21 and $ 395  m illion General Fund ($ 790  m illion total funds) annually on an ongoing basis.
https://lao.ca.gov/Publications/Report/4374