The 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - Across the budget window, the state would need to make required BSA deposits of $7.6  billion, which has three components: $1  Billion True Up for 2019 ‑20. Under the administration ’s revenue estimates, the state would need to make a true up deposit of $1  billion in 2019 ‑20.
https://lao.ca.gov/Publications/Report/4418

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

May 17, 2021 - Under the administration ’s revenue estimates, the Constitution would require the state to deposit $7.6  billion into the Budget Stabilization Account (BSA) and spend an additional $3.4  billion to pay down debts.
https://lao.ca.gov/Publications/Report/4432

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - While the budget act assumed a 7.6 percent increase in caseload between 2020 ‑21 and 2021 ‑22, we estimate growth will be 6.8 percent due to actual caseload through June 2021 being lower than assumed in the budget act.
https://lao.ca.gov/Publications/Report/4474