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

Oct 16, 2023 - The 2021 ‑22 and 2022 ‑23 budget agreements included significant upfront, non ‑Proposition  98 General Fund cash for certain higher education capital projects. In response to the state ’s projected budget deficit, the 2023 ‑24 budget agreement rescinds the vast majority of the 2022 ‑23 General Fund cash, as well as some of the 2021 ‑22 cash.
https://lao.ca.gov/Publications/Report/4788

The 2021-22 Budget: The Governor’s Suspension Proposal

Jan 29, 2021 - Under its own revenue forecast, assuming the suspensions were operative, the administration estimates operating deficits would grow from $7. 6  b illion in 2022 ‑ 23 t o $11. 3  b illion in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4328

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Public Health Infrastructure (Beginning in 2022 ‑23). In negotiations on the 2021 ‑ 22 b udget, the Governor and Legislature agreed to provide on an ongoing basis, beginning in 2022 ‑23, a $ 300 m illion General Fund augmentation to the California Department of Public Health (CDPH) to improve state and local public health systems.
https://lao.ca.gov/Publications/Report/4448

Rethinking California's Reserve Policy

Apr 10, 2025 - Although the state had surpluses that totaled over $100 billion across 2021‑22 and 2022‑23, Proposition 2 required only a about $10 billion to be saved over a similar period. Further, since 2023‑24, the Legislature has addressed $82 billion in budget problems (with more in deficits likely to emerge in the coming years), but at its largest, the BSA balance reached only $23 billion.
https://lao.ca.gov/Publications/Report/5028

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - For context, the comparable revisions in the prior two budget cycles were $2  billion (2023 ‑24) and $2.7  billion (2022 ‑23). The increase is primarily driven by higher costs in the Medi ‑Cal program, which are projected to exceed January estimates by $10  billion over the three ‑year budget window: roughly $2  billion in 2024 ‑25 and $8  billion in 2025 ‑26.
https://lao.ca.gov/Publications/Report/5044

The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - The spending plan allocates $115. 4  b illion total funds ($23. 6  b illion General Fund) in 2020 ‑ 21 t o Medi ‑Cal local assistance in the Department of Health Care Services. This reflects an increase of $15. 9  b illion total funds —or 16  p ercent —over 2019 ‑ 20 e stimated spending.
https://lao.ca.gov/Publications/Report/4263

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Chapter 35 of 2024 (SB 108, Wiener) requires the Government Operations Agency (GovOps) to establish monthly meetings with legislative staff to discuss implementation of EO N-12-23 , the state’s first EO on GenAI.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Chapter 35 of 2024 (SB 108, Wiener) requires the Government Operations Agency (GovOps) to establish monthly meetings with legislative staff to discuss implementation of EO N-12-23 , the state’s first EO on GenAI.
https://lao.ca.gov/Publications/Report/4934

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - The 2023-24 California Spending Plan: Other Provisions $2,986 $6,623 a Pursuant to Control Section 11.96 of the 2022 ‑23 Budget Act , the Department of Finance shifted $887 million for the middle ‑mile network from American Rescue Plan (ARP) fiscal relief funds to General Fund in 2021 ‑22. b The remaining $2.363 billion in federal funds for the middle ‑mile
https://lao.ca.gov/Publications/Report/4814

The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - This reduction includes $9.6  billion in 2022 ‑23, $7 billion in 2023 ‑24, and $4.4 billion in 2024 ‑25. The magnitude of the downward revision in 2022 ‑23 is unprecedented for a fiscal year that is already over.
https://lao.ca.gov/Publications/Report/4819