The 2024-25 Budget: CalWORKs

Mar 4, 2024 - Full Withdrawal Also Appears Inconsistent With Overall Approach to Using Reserves. The  Governor ’s budget includes $13  billion in total reserve withdrawals. About 7  percent  of these proposed withdrawals are from the  Safety  Net  Reserve.
https://lao.ca.gov/Publications/Report/4872

The 2024-25 Budget: Preliminary May Revision Analysis for CalWORKs

May 29, 2024 - Proposes Full Safety Net Reserve Withdrawal. The May Revision proposes withdrawing the full balance ($900  million) of the Safety Net Reserve, as was proposed in January. The May Revision also proposes withdrawing about $3  billion from the state ’s general-purpose reserve —the Budget Stabilization Account —in 2024-25, significantly  less than the roughly $12  billion withdrawal proposed in January.
https://lao.ca.gov/Publications/Report/4911

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 2024-25 California Spending Plan: Human Services

Oct 2, 2024 - Withdraws $900  Million From Safety Net Reserve. The spending plan withdraws the full balance ($900  million) of the Safety Net Reserve. The administration indicates the withdrawal is to maintain program benefits and services for the Medi-Cal and CalWORKs programs.
https://lao.ca.gov/Publications/Report/4933/2

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

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 2025-26 Budget: CWS-CARES

Mar 5, 2025 - August 16, 2024 —Withdrawal of Initial FFY 2025 APDU. A couple of weeks later, the project withdrew its initial FFY 2025 APDU submission to provide ACF with the requisite information to address their conditions, further informed by discussions with ACF to clarify what updated documents and information were needed.
https://lao.ca.gov/Publications/Report/5006

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - This means the state took a number of actions to balance the budget —including making withdrawals from reserves and shifting costs —that were larger than necessary. In light of that fact, as well as continued economic uncertainty and anticipated future deficits, we think it is important that the state restore most or all of that resilience.
https://lao.ca.gov/Publications/Report/4309

The 2021-22 Spending Plan: Human Services

Nov 22, 2021 - During the first year of FFPSA implementation, a county may elect to begin providing prevention services by providing written notice to DSS prior to fully completing its com prehensive prevention plan.
https://lao.ca.gov/Publications/Report/4476/3