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State Budget (2)
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Results in State Budget from the past 5 years

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Rethinking California's Reserve Policy

Apr 10, 2025 - In the 2006 ‑07 budget, the Legislature deposited $472  million into the BSA and in 2007 ‑08 deposited $1.5  billion. However, in the early months of the Great Recession, the state acted quickly to withdraw all of these funds.
https://lao.ca.gov/Publications/Report/5028

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - Chapter  5 of 2006(AB  908, Gomez) increased the wage replacement rate —that is, the share of a worker ’s typical wages that they receive in benefits —from 50  percent to 60  percent for most workers.
https://lao.ca.gov/Publications/Report/4452