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

Jan 13, 2022 - Compared with the estimates in the June 2021 budget plan, the administration revises its estimates of the guarantee up $2.5  billion (2.7  percent) in 2020 ‑21 and $5.3  billion (5.7  percent) in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4492

The 2024-25 Budget: Medi-Cal Fiscal Outlook

Dec 7, 2023 - As a share of General Fund spending, Medi-Cal is the state budget ’s second largest program (after Proposition  98, the California Constitution ’s minimum spending requirement for K-14 education). Medi-Cal Spending Grew Notably in Recently Enacted Budget.
https://lao.ca.gov/Publications/Report/4820

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

Jan 10, 2021 - Proposition  98 Reserve Deposits Required in 2020 ‑21 and 2021 ‑22. Proposition  2 (2014) established the Proposition  98 Reserve and set forth rules requiring deposits and withdrawals under certain conditions.
https://lao.ca.gov/Publications/Report/4309

The 2023-24 Budget: Analysis of the Medi-Cal Budget

Feb 10, 2023 - However, the 2022 ‑23 Budget Act included $2.5  billion General Fund for federal payments and deferrals —largely due to a one ‑time repayment to the federal government for erroneous claims within managed care.
https://lao.ca.gov/Publications/Report/4675

The 2023-24 California Spending Plan: Health

Oct 23, 2023 - The budget package sweeps this fund account ’s estimated reserve in 2023-24, resulting in a one-time offset to General Fund spending of $222  million. Restores Recently Expired Pediatric Subacute Rate Increase.
https://lao.ca.gov/Publications/Report/4810

The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - In 2021 ‑22, the state is providing $566  million ongoing Proposition  98 General Fund for AEP. Statute provides this level of funding regardless of the number of students served or the type of instruction provided.
https://lao.ca.gov/Publications/Report/4572

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The constitution also requires the state to make deposits into a Proposition   98 r eserve when a series of conditions are met. Under the administration ’s estimates, the balance of the Proposition   98 r eserve would reach $ 487  m illion at the end of 2020 ‑21.
https://lao.ca.gov/Publications/Report/4135

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - Expiration of Enhanced Federal Funding Will Result in Higher General Fund Costs in the Low Billions of Dollars … We estimate that having three ‑quarters of the enhanced federal funding in 2021 ‑22 will result in $2.5 billion in General Fund savings (compared to typical cost ‑sharing ratios).
https://lao.ca.gov/Publications/Report/4474

The 2023-24 Budget: Medi-Cal Fiscal Outlook

Nov 16, 2022 - DHCS, however, estimates associated General Fund spending to be $2.5  billion in 2022 ‑23, with the large increase primarily due to a one ‑time issue with past erroneous claims. We assume these adjustments return to previous levels in 2023 ‑24, resulting in a net General Fund spending decline of $2.1  billion.
https://lao.ca.gov/Publications/Report/4649

The 2022-23 California Spending Plan: Health

Oct 24, 2022 - The spending plan includes $2.5  billion General Fund ($8.9  billion total funds) in 2021-22 and $3.1  billion General Fund ($11.1  billion total funds) in 2022-23 associated with increased caseloads.
https://lao.ca.gov/Publications/Report/4642