California's Legislative Analyst's Office and the Value of Independence

Nov 15, 2024 - The administration ’s revenue estimates flow from the specific economic scenario that it deems most likely to unfold. But since macroeconomic dynamics are multifaceted and context dependent, successfully predicting the scenario that will play out is virtually impossible.
https://lao.ca.gov/Publications/Report/4938

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Additionally,  associated budget legislation streamlines the process for diverting flood flows to both reduce flood risk and recharge groundwater  basins. Transportation Support for Local Transit Agencies.
https://lao.ca.gov/Publications/Report/4788