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 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 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - Cities. The budget provides $ 500  m illion to cities for homelessness, public health, public safety, and other services to combat the COVID ‑ 19 p andemic. Of this total, $ 225  m illion is provided to cities with populations greater than 300, 000 t hat did not receive a direct federal allocation and $ 275  m illion is provided to cities with a population of less than 300,000.
https://lao.ca.gov/Publications/Report/4263

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - Cities and counties will receive fiscal recovery funds based on a set of formulas that considers the jurisdiction ’s population, among other factors. The federal government will distribute funds directly to all counties and cities with populations greater than 50,000.
https://lao.ca.gov/Publications/Report/4407

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 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities

Feb 5, 2019 - Specifically, if the state transfers these funds to a pension system, the system ’s board can invest the funds, likely earning a higher rate of return than the funds would earn invested as state reserves.
https://lao.ca.gov/Publications/Report/3925

The State Appropriations Limit

Apr 21, 2021 - A substantial majority of cities and counties ( 82  p ercent of counties and 70  p ercent of cities) have spending at or below 60  p ercent of their limits. Collectively, counties have nearly $ 100  b illion while cities have $ 55  b illion in collective room under their limits.
https://lao.ca.gov/Publications/Report/4416

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 2019-20 Budget: California Spending Plan—Debt Liabilities

Oct 17, 2019 - This means the state makes the transfer in the first few days of July. This deferral only appl ies to the state ’s General Fund pension payments —other funds ’ fourth-quarter CalPERS payments are paid in June.
https://lao.ca.gov/Publications/Report/4106