The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - After accounting for a 5.35 percent statutory cost ‑of ‑living adjustment (COLA), deposits into the Proposition 98 reserve, and various other adjustments, we estimate the Legislature has $9.5 billion in ongoing funds available for allocation in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4472

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The state solved a $27  billion deficit in 2023 ‑24, a $55  billion deficit in 2024 ‑25, and a $15  billion deficit in 2025 ‑26 (in addition to roughly $28  billion in proactive budget ‑balancing actions taken the year before).
https://lao.ca.gov/Publications/Report/5091

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - In addition to the 2024-25 amounts, legislation passed in April 2024 provided $22  million from the General Fund for similar activities that was scored as an amendment to the 2023-24 budget. Modifications to Previous Budget Augmentations.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - In addition to the 2024-25 amounts, legislation passed in April 2024 provided $22  million from the General Fund for similar activities that was scored as an amendment to the 2023-24 budget. Modifications to Previous Budget Augmentations.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

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

May 17, 2024 - Together, these scoring differences account for the roughly $27  billion difference in our office ’s accounting of the budget problem and the administration ’s scoring. While we would maintain that our approach more accurately reflects current law, these scoring differences do not reflect substantive differences in state ’s fiscal position.
https://lao.ca.gov/Publications/Report/4902

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - IHSS solutions have some overlap with Medi-Cal, including terminating services for adults with unsatisfactory immigration status and reinstating the asset test. In addition, the state would lower the IHSS provider overtime cap, among other solutions.
https://lao.ca.gov/Publications/Report/5052

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - In some instances, other state agencies manage pre-existing statewide public outreach activities and the budget package requires those agencies to share information regarding outreach efforts wi th OCPSC.
https://lao.ca.gov/Publications/Report/4626

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - For example, constitutionally required debt payments are $1.1 billion lower under the administration’s estimates and the administration scores a higher entering fund balance—largely due to over $1 billion in additional revenue accruals—in 2023‑24.
https://lao.ca.gov/Publications/Report/4951

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - Despite this decrease, the state could afford to maintain its existing school and community college programs and provide a cost ‑of ‑living adjustment (COLA) of up to 8.38  percent in 2023 ‑24. (This COLA represents a slight reduction in the statutory rate that would apply if the Proposition  98 funding requirement were larger.)
https://lao.ca.gov/Publications/Report/4646

The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - Under our estimates, the state ’s required payments on infrastructure decline by billions of dollars, but because of the way these payments are scored, these changes have no impact on the budget ’s bottom line.
https://lao.ca.gov/Publications/Report/4819