The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - For example, major categories of cost shifts in the Governor’s budget include proposals to: defer one month of state employee payroll from June to July, which results in $1.6 billion in one‑time savings; redirect a $1.3 billion supplemental pension payment made under the requirements of Proposition 2 for actuarially required contributions to the California Public Employee Retirement System, and $1.2 billion in special fund loans.
https://lao.ca.gov/Publications/Report/4825

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - State and local governments have until December 31, 2024 to use the funds. Restrictions on Use of Funds. There are two restrictions on the use of the fiscal recovery funds. First, state and local governments are prohibited from using the funds to make supplemental pension payments.
https://lao.ca.gov/Publications/Report/4407

The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - These options, however, tend to be disruptive for school operations, particularly when the state announces them on short notice. In addition, the state ’s options for reductions in 2022 ‑23 are relatively limited because the state has allocated most of the funding attributable to the prior year already.
https://lao.ca.gov/Publications/Report/4819

The 2024-25 Budget: California's Fiscal Outlook [Publication Details]

Dec 7, 2023 - Each year, our office publishes the Fiscal Outlook in anticipation of the upcoming budget season. The goal of this report is to give the Legislature our independent estimates and analysis of the state’s budget condition as lawmakers begin planning the 2024-25 budget.
https://lao.ca.gov/Publications/Detail/4819

Whether or Not to Tap Reserves to Solve Estimated Budget Problem Emerges as Key Fiscal Decision Facing California’s Legislature

Apr 19, 2023 - In that case, the state ’s reserves could be key to sustaining the state ’s safety net through a challenging economic period. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/4762

CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

The 2021-22 California Spending Plan: The State Appropriations Limit [Publication Details]

Aug 30, 2021 - The 2021-22 California Spending Plan: The State Appropriations Limit [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4449

The 2022-23 California Spending Plan: The State Appropriations Limit

Sep 30, 2022 - The 2022-23 California Spending Plan: The State Appropriations Limit The 2022-23 California Spending Plan The State Appropriations Limit In the late 1970s, voters passed Proposition  4 (1979), which established appropriations limits on the state and most types of local governments.
https://lao.ca.gov/Publications/Report/4631

The 2022-23 California Spending Plan: The State Appropriations Limit [Publication Details]

Sep 30, 2022 - The 2022-23 California Spending Plan: The State Appropriations Limit [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4631

The 2022-23 California Spending Plan: Other Provisions [Publication Details]

Sep 27, 2022 - This post discusses features of the state's spending plan that were not covered elsewhere in the 2022-23 Spending Plan series.
https://lao.ca.gov/Publications/Detail/4626