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

Apr 26, 2021 - The budget included a withdrawal of $4.7  billion from the state ’s mandatory BSA balance and $3.1  billion from the state ’s optional BSA balances. The nearby box describes the BSA “optional balance ” in more detail.
https://lao.ca.gov/Publications/Report/4418

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - For example, the administration’s estimate of baseline costs in Medi‑Cal, the state’s Medicaid program, is higher than our November 2024 estimate by $3.1 billion in 2025‑26. This is largely due to increased pharmacy costs, higher caseload, and a lower General Fund offset from the MCO tax package.
https://lao.ca.gov/Publications/Report/4951

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - This includes $3.1  billion from various funds across 2021 ‑22 and 2022 ‑23, such as $1.5  billion from Proposition  98 General Fund for zero ‑emission school buses, $804  million from the General Fund for various activities including ZEV fueling infrastructure grants, $600  million from GGRF for heavy ‑duty vehicle incentives, and $77  million in federal funds for ZEV  fueling  infrastructure.
https://lao.ca.gov/Publications/Report/4616

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - For example, annual growth in the California Construction Cost Index (CCCI), published by the Department of General Services (DGS)—relevant to capital outlay and other infrastructure spending—was 13.4 percent in 2021, compared to an average of 3.1 percent over the previous five years.
https://lao.ca.gov/Publications/Report/4647

The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - The average annual increase is $3.1  billion (3.9 percent). Most of this increase is due to growth in General Fund revenue, which increases the Proposition 98 spending requirement about 40 cents for each dollar of additional revenue.
https://lao.ca.gov/Publications/Report/4472

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

Jan 13, 2022 - The remainder of the surplus —$12.1   billion —is proposed for purposes not excluded from the SAL, including $8.5  billion in spending ‑related proposals, the $3.1  billion balance of the SFEU, and about $600  million to repay special fund loans.
https://lao.ca.gov/Publications/Report/4492