The 2022-23 Budget: Initial Comments on the Governor's May Revision

May 16, 2022 - It includes: (1)  the $34  billion in spending choices using the overall General Fund surplus (this figure excludes reserve deposits, tax refunds, and debt payments, which are shown instead in Figure   4) and (2)  the $33  billion surplus within the school and community college budget.
https://lao.ca.gov/Publications/Report/4598