The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - This increases the size of the budget  problem. $800   Million in Other Differences. Across the rest of the budget, our estimates of baseline spending —for example, for caseload growth, federal reimbursements, and statutory cost increases —and constitutional requirements —for example, for infrastructure and deposits into reserves —differ , on net, by $800  million.
https://lao.ca.gov/Publications/Report/4662

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - On January 10, 2023, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Report/4662/2

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - On January 10, 2023, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Report/4662/1

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - On January 10, 2023, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Report/4662/4

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - On January 10, 2023, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Report/4662/3

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - The proposal effectively shifts that cost from this year to future budgets —helping address the current budget problem on a one ‑time basis, but adding to the large budget deficits the state is projecting over the next several years.
https://lao.ca.gov/Publications/Report/5110

The 2025-26 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 13, 2025 - For the upcoming hearings, the Legislature could focus its review of the proposed expansions on a few core issues: (1)  whether the underlying problem remains unaddressed, (2)  whether the existing program is meeting its objectives, and (3)  whether additional funding would allow districts to address the problem more  effectively.
https://lao.ca.gov/Publications/Report/4963

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

Jan 13, 2025 - The Governor has signaled interest in changing the state ’s reserve policy by: (1)  increasing the cap on BSA required deposits from 10  percent of General Fund taxes to 20  percent of General Fund taxes, and (2)  excluding the state ’s reserve deposits from the state appropriations limit.
https://lao.ca.gov/Publications/Report/4951

The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 19, 2025 - Deposits and Withdrawals After 2026 ‑27 Are Sensitive to Revenue Estimates. For 2027 ‑28, no deposit would be required under our forecast because the guarantee is growing more slowly than inflation. As growth in the guarantee accelerates, the state would be required to make deposits in 2028 ‑29 and 2029 ‑30 totaling $5.2  billion.
https://lao.ca.gov/Publications/Report/5093

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

Jan 13, 2022 - LAO Recommendation: Prioritize Proposals That Address Clearly Defined Problems. As the Legislature evaluates the Proposition  98 budget, we encourage it to prioritize proposals that (1)  clearly identify underlying problems and (2)  explain why existing programs are unable to address those problems.
https://lao.ca.gov/Publications/Report/4492