The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Although the state has already transferred the $1.7  billion payment to CalPERS associated with the 2023 ‑24 Proposition  2 requirement, how the funds would be applied to the state ’s unfunded liability has not yet been determined.
https://lao.ca.gov/Publications/Report/4887

The 2024-25 Budget: Deficit Update

Feb 20, 2024 - This means, for example, that grants have been awarded, funds have been transferred to other entities of government, and contracts or leases have been signed. (In some cases, funds have also been committed for 2024 ‑25 and 2025 ‑26, for example, through grant awards.)
https://lao.ca.gov/Publications/Report/4850

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - General Fund Transfer. The budget authorizes the Department of Finance to transfer up to $20.5  million from the General Fund to the Alcohol Beverage Control Fund if revenues to support the special fund are insufficient in 2023-24.
https://lao.ca.gov/Publications/Report/4814

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 4 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Housing and Homelessness General Fund (In millions) Homeless Housing, Assistance, and Prevention Program (HHAPP) $1,100 Veteran Housing and Homeless Prevention Program 50 $345 $100 a By the time the HHAPP costs are incurred, the program will have transferred to from BCSH Agency to HCD.
https://lao.ca.gov/Publications/Report/4788/4

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

Jan 13, 2023 - The  administration ’s estimates of revenues (excluding transfers, both between state funds and from the federal government) are $13.6  billion higher across the three ‑year budget window compared to our estimates in November.
https://lao.ca.gov/Publications/Report/4662

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - Across 2021 ‑22, 2022 ‑23, and 2023 ‑24, our estimates of revenues and transfers (excluding transfers to the BSA) are lower than budget act projections by  $41  billion. Formula ‑Driven Spending on Schools and Community Colleges Offsets Revenue Losses by $13   Billion.
https://lao.ca.gov/Publications/Report/4646

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - Both types of projects may be infrastructure in the broad sense, with differences —like ownership of the asset —making one but not the other eligible for administrative augmentation. As  the Legislature considers the Governor ’s budget, we suggest it also consider which programs have preexisting processes for adjusting for inflation and which do not and whether automatic adjustments align with its priorities.
https://lao.ca.gov/Publications/Report/4647

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - The budget package includes roughly $1.1  billion General Fund (transferred into the California Emergency Relief Fund) in 2021 ‑22 to provide one ‑time retention payments to eligible workers in certain health care facilities, including hospitals and skilled nursing facilities.
https://lao.ca.gov/Publications/Report/4616

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

Sep 30, 2022 - For example, for 2021-22, total SAL revenues and transfers increased from $223  billion at Governor ’s budget to $256  billion at May Revision. As the figure shows, however, the May Revision did not reflect excess revenues across 2020-21 and 2021-22 because the administration also proposed a significant amount of new SAL-excludable spending, much of which was scored to 2021-22, that reduced appropriations subject to the limit.
https://lao.ca.gov/Publications/Report/4631

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - These revenues provide transportation funding via transfers to the Public Transportation Account. The budget package directs the State Controller to continue making transfers to the Public Transportation Account as if the tax suspension had not occurred.
https://lao.ca.gov/Publications/Report/4626