The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Under our office ’s projections, and assuming the Governor ’s May  Revision policies were adopted, the budget problem for this year is $34.5  billion —$6.2  billion higher than our estimate under the administration ’s projections.
https://lao.ca.gov/Publications/Report/4772

The 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - Under our revenues, and after accounting for constitutional spending requirements, the budget problem for 2023 ‑24 is $6.2  billion larger than the administration ’s estimates. The state currently has $11  billion in one ‑time or temporary spending planned for 2023 ‑ 24 —amounts that could be reduced to address this larger budget problem.
https://lao.ca.gov/Publications/Report/4769

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - In 2020, Congress approved a temporary 6.2  percentage point increase in the federal government ’s share of cost for most state Medicaid programs. This funding enhancement lasts until the end of the quarter in which the national public health emergency (PHE) declaration ends.
https://lao.ca.gov/Publications/Report/4646

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - For example, Congress approved a 6.2  percentage point increase in the federal government ’s share of cost for most Medicaid services for the duration of the PHE. In addition, the same federal legislation effectively prohibits the state (as a condition of receiving the enhanced federal share of Medicaid costs) from terminating the eligibility of current Medi ‑Cal enrollees, except in limited circumstances, until after the PHE ends.
https://lao.ca.gov/Publications/Report/4474

The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - In 2020, Congress approved a temporary 6.2 percentage point increase in the federal government’s share of cost for state Medicaid programs until the end of the national public health emergency declaration.
https://lao.ca.gov/Publications/Report/4472