The 2024-25 Budget: Transportation Budget Solutions

Feb 23, 2024 - Cash Flow Adjustments Avoid Programmatic Impacts but Create Cost Pressures in Future Years. The proposed $2.8  billion in cash flow adjustments would help alleviate cost pressures in the near term by reducing General Fund commitments in 2023 ‑24.
https://lao.ca.gov/Publications/Report/4854

The 2025-26 California Spending Plan: Transportation

Oct 16, 2025 - Cash flow adjustments from prior budget packages reverted previously awarded funds, with the intent to reappropriate those dollars in future years for the same projects when awardees are expected to need construction funding.
https://lao.ca.gov/Publications/Report/5077

The 2024-25 Spending Plan: Transportation

Sep 10, 2024 - D = Delay; FS = Fund Shift; CF = Cash Flow Adjustment; and R = Reduction. TIRCP = Transit and Intercity Rail Capital Program; CalSTA = California State Transportation Agency; Caltrans = California Department of Transportation; CWDB = California Workforce Development Board; GO ‑Biz = Governor ’s Office of Business and Economic Development; and  DMV  =  Department  of  Motor  Vehicles.
https://lao.ca.gov/Publications/Report/4925

The 2022-23 California Spending Plan: Transportation

Sep 29, 2022 - (California is expected to receive an additional $2.3  billion in formula-based transit funding under IIJA over the next five years as well, however, this funding generally is provided directly to transit agencies and will not flow through the state budget.)
https://lao.ca.gov/Publications/Report/4628

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - This somewhat unusual circumstance is the result of cash flow adjustments the state made as part of the current ‑year budget agreement. Specifically, the 2024 ‑25 budget package reverted funds appropriated for these programs in prior years —that had already been awarded to projects —with the intent of reappropriating the dollars in a future year when they are actually needed to cover planned expenditures.
https://lao.ca.gov/Publications/Report/4961

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - For example, cap ‑and ‑trade auction revenues that flow into the Greenhouse Gas Reduction Fund (GGRF) have increased from $257  million in 2012 ‑13 to more than $3  billion annually in recent years. Much of this funding has been allocated to mobile source emissions reduction programs, including “A B  617 ” community air pollution reduction efforts as well as various clean transportation programs.
https://lao.ca.gov/Publications/Report/4708