The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor proposes to pay down $8.4  billion of this amount, with districts receiving the associated cash in 2021 ‑22. Slightly more than $4  billion would remain deferred from 2021 ‑22 to 2022 ‑23.
https://lao.ca.gov/Publications/Report/4309

The 2021-22 Budget: Overview of the Governor's Budget [Publication Details]

Jan 10, 2021 - The 2021-22 Budget: Overview of the Governor's Budget [Publication Details] Description: This report provides a brief summary and initial assessment of the proposed 2021-22 Governor’s Budget. Correction 1/11/21: Totals for immediate and early action proposals have been corrected.
https://lao.ca.gov/Publications/Detail/4309

Rethinking California's Reserve Policy

Apr 10, 2025 - For example, between 2020 ‑21 and 2021 ‑22, the formulas reduced the share of excess capital gains that benefit Proposition  2 by $8  billion. Saving All Excess Capital Gains Would Allow the State to Save More Revenue Peaks.
https://lao.ca.gov/Publications/Report/5028

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Chapter 112 of 2021 (SB 156, Committee on Budget and Fiscal Review) requires CPUC (among other departments) to lead or support several state broadband infrastructure programs and projects. To assist these efforts, the 2021-22 Budget Act provided temporary funding, from 2021-22 to 2023-24, for 46 permanent positions and 4 limited-term positions.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Chapter 112 of 2021 (SB 156, Committee on Budget and Fiscal Review) requires CPUC (among other departments) to lead or support several state broadband infrastructure programs and projects. To assist these efforts, the 2021-22 Budget Act provided temporary funding, from 2021-22 to 2023-24, for 46 permanent positions and 4 limited-term positions.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - In total, the spending plan maintains a total of $29  billion for these packages across a seven ‑year period (2021 ‑28), which represents 79  percent of the original multiyear planned amounts ($36  billion).
https://lao.ca.gov/Publications/Report/4922

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Current stock prices relative to companies ’ past earnings (a common measure of how “expensive ” stocks are) are at levels rivaled only by the transitory booms of 1999 and 2021. Furthermore, a single company (Nvidia) accounts for about one ‑third of the total gains in the S &P 500 stock index over the last year.
https://lao.ca.gov/Publications/Report/4939

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

Oct 16, 2023 - Appendix 4, Figure 8 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Transportation General Fund (In Millions)
https://lao.ca.gov/Publications/Report/4788/4

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 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - This includes $7.7  billion —$3.7 billion in 2021 ‑22 and $2 billion in both 2023 ‑24 and 2024 ‑ 25 —to fund transit and rail projects throughout the state. The package also includes (1) $1.8 billion in 2021 ‑22 to support active transportation, climate adaptation, and grade separation projects, and (2) $100 million in 2023 ‑24 to augment a local litter abatement and beautification grant program initiated in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4616