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 Spending Plan: Transportation

Sep 10, 2024 - The budget package includes trailer legislation that raises the share of Proposition  1A bond funds that can be used for HSRA ’s administrative expenses (known as the administrative spending cap) from 2.5  percent to 5  percent.
https://lao.ca.gov/Publications/Report/4925

The 2021-22 Spending Plan: Transportation

Oct 1, 2021 - Of this amount, $3.3  billion was budgeted for various CalSTA ($2.5  billion) and Caltrans ($800  million) programs on the condition that subsequent legislation be enacted by October 10, 2021 to allocate these funds.
https://lao.ca.gov/Publications/Report/4458

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 2024-25 Budget: Transportation Budget Solutions

Feb 23, 2024 - Specifically, the Governor ’s budget would sustain $12  billion, or 98  percent, of the total augmentations intended for transportation  programs. Cash Flow Adjustments Avoid Programmatic Impacts but Create Cost Pressures in Future Years.
https://lao.ca.gov/Publications/Report/4854

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

May 17, 2021 - The constitution requires the state to spend minimum annual amounts on schools and community colleges (under Proposition  98) and budget reserves and debt payments (under Proposition  2). Mainly as a result of higher revenues, relative to January, constitutionally required spending is higher by nearly $16  billion across the budget window.
https://lao.ca.gov/Publications/Report/4432