The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - If the Governor ’s budget proposals that do not meet a SAL requirement are rejected (and those funds are saved instead [blue bars]), the state can most likely delay those deficits until 2025 ‑26. (We list the Governor ’s budget discretionary spending proposals that do not help the state meet its SAL requirements in our post The 2022‑23 Budget: Initial Comments on the State Appropriations Limit Proposal .
https://lao.ca.gov/Publications/Report/4583

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - The negative blue bars early in the period correspond with small shortfalls. Reserve withdrawals, however, reduce the shortfall in 2023 ‑24 and eliminate it entirely in the following two years. (Proposition  2 [2014] created a reserve for schools and community colleges and established rules requiring deposits into and withdrawals from the fund under certain conditions.)
https://lao.ca.gov/Publications/Report/4646