The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - Of this total, $ 225  m illion is provided to cities with populations greater than 300, 000 t hat did not receive a direct federal allocation and $ 275  m illion is provided to cities with a population of less than 300,000.
https://lao.ca.gov/Publications/Report/4263

The 2024-25 Budget: Deficit Update

Feb 20, 2024 - Recent budgets allocated tens of billions of dollars in surpluses to one-time and temporary spending, including in 2023 ‑24, 2024 ‑25, and 2025 ‑26. Some spending, most notably for 2023 ‑24, has already been disbursed or encumbered.
https://lao.ca.gov/Publications/Report/4850

The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - First, revenue estimates can easily differ from our estimates by tens of billions of dollars in either direction. Second, these deficits are based on our assessment of the costs of the state ’s programs under current law and policy.
https://lao.ca.gov/Publications/Report/4819

The State Appropriations Limit

Apr 21, 2021 - Tens of billions Request change in when reserves are counted toward the limit. A couple billion Unlimited   Subscribe | California State Legislatu
https://lao.ca.gov/Publications/Report/4416

The Definition of Qualified Capital Outlay for the State Appropriations Limit

Feb 18, 2022 - Yes, as long as the expenditure is maintaining an asset that meets the criteria (that is, the asset is tangible property and has a useful life of ten years and a value of at least $100,000). Statute requires an expenditure to be made “for ” a fixed asset.
https://lao.ca.gov/Publications/Report/4547

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

Jan 13, 2023 - Recent budgets have allocated or planned tens of billions of dollars for one ‑time or temporary spending purposes in 2021 ‑22, 2022 ‑23, and 2023 ‑24. The Legislature can select an entirely different set of spending solutions to address the budget problem.
https://lao.ca.gov/Publications/Report/4662

Strong Tax Collections Belie California's Challenging Fiscal Outlook

Apr 26, 2022 - In normal economic times, there is a positive spread between the yields on ten-year and two-year notes. When this gap shrinks or inverts, however, it suggests bond investors anticipate that in the future, the Fed will be holding interest rates low due to a weaker economy.
https://lao.ca.gov/Publications/Report/4590

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - The budget provides two positions and $356,000 in 2023-24 and ten positions and $1.3  million annually thereafter for the first phase of staffing ramp up of a new skilled nursing facility at the Veterans Home of California, Yountville.
https://lao.ca.gov/Publications/Report/4814

The 2022-23 Budget: Multiyear Budget Outlook

May 24, 2022 - Past recessions —with the exception of the one induced by the pandemic —have resulted in cumulative revenue losses of tens of billions of dollars. In two recent recessions, in fact, total revenue losses were around $100  billion.
https://lao.ca.gov/Publications/Report/4602

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

Oct 27, 2021 - The language requires notification to the Joint Legislative Budget Committee (JLBC) ten days prior to any shift of funds. (The Governor initially proposed, but the budget did not ultimately adopt, authority to extend Disaster Response and Emergency Operations Account authorization for COVID‑19.)
https://lao.ca.gov/Publications/Report/4448