The Definition of Qualified Capital Outlay for the State Appropriations Limit

Feb 18, 2022 - There are also some properties that appear to meet the de finition, although perhaps less clearly, like information technology projects. Does the State Need to Own the Asset to Count It as an Exclusion?
https://lao.ca.gov/Publications/Report/4547

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - For example, two major proposals raise concerns for our office: the suspension of net operating loss (NOL) de ductions and unallocated state operations reductions. Finally, given that our revenue forecast is somewhat below the administration ’s forecast, we would suggest the Legislature consider whether or not it is comfortable with this downside risk to the state ’s budget picture.
https://lao.ca.gov/Publications/Report/4902

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - These funds supplement existing funds from Proposition 51, the state school bond approved by voters in 2016. (Funding from Proposition 51 will likely be exhausted in 2022‑23.) The remaining $100 million is for schools to construct or renovate State Preschool, transitional kindergarten, and full‑day kindergarten classrooms.
https://lao.ca.gov/Publications/Report/4616

The 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - In particular, the Legislature deposited an additional $2  billion into the BSA in 2016-17 and an additional $2.6  billion in 2018-19. However, a portion of these deposits ultimately were used to fund required true ups.
https://lao.ca.gov/Publications/Report/4418

The State Appropriations Limit

Apr 21, 2021 - Other new tax levies, like the passage of Proposition  64 (2016) —which established state excise taxes on cannabis —further diminished room under the state ’s limit. School Spending Growing Faster Than School Limits.
https://lao.ca.gov/Publications/Report/4416

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

Oct 27, 2021 - These funds supplement existing funds from Proposition 51, the state school bond approved by voters in 2016. Control Sections 19.56 and 19.57. Two budget control sections provide a total of $1. 2 b illion for a variety of augmentations, across a number of program areas, for various legislative priorities.
https://lao.ca.gov/Publications/Report/4448