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

Oct 16, 2023 - Appendix 4, Figure 7 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Resources and Environment General Fund (In Millions) Emergency surge (helitanker contract component) $45 Clean Energy Reliability Investment Plan (SB 846) 100 Diablo Canyon land use planning — Coastal resilience SB 1 implementation 55 Clean Cars 4 All and other equity (ZEV
https://lao.ca.gov/Publications/Report/4788/4

The Definition of Qualified Capital Outlay for the State Appropriations Limit

Feb 18, 2022 - There are also some properties that appear to meet the de finition, although perhaps less clearly, like information technology projects. Does the State Need to Own the Asset to Count It as an Exclusion?
https://lao.ca.gov/Publications/Report/4547

Strong Tax Collections Belie California's Challenging Fiscal Outlook

Apr 26, 2022 - In 95 percent of our simulations, the state encountered a budget problem by 2025-26. Notably, the likelihood of a budget problem largely is impervious to the future trajectory of state tax revenues. That is, whether revenues trend upward or downward from here, the state likely faces budget deficits.
https://lao.ca.gov/Publications/Report/4590

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

May 17, 2024 - For example, two major proposals raise concerns for our office: the suspension of net operating loss (NOL) de ductions and unallocated state operations reductions. Finally, given that our revenue forecast is somewhat below the administration ’s forecast, we would suggest the Legislature consider whether or not it is comfortable with this downside risk to the state ’s budget picture.
https://lao.ca.gov/Publications/Report/4902

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Control Section 11. 95 c reates a new fund —the HCBS ARP Fund —dedicated to supporting the implementation of new HCBS enhancements and expansions. The administration is allowed to oversee and expend the HCBS ARP funds through the annual budget process or through written midyear notifications to the Legislature.
https://lao.ca.gov/Publications/Report/4448

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

Oct 16, 2023 - The 2023 ‑24 total also includes $135  million for contingencies related to the 2023 storms —$40  million for the communities of Planada in Merced County and Pajaro in Monterey County, which experienced severe damage and displacement from the storms, and $95  million for other response and recovery activities.
https://lao.ca.gov/Publications/Report/4788

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - Visit California $95  Million for Expanded Tourism Marketing. The budget provides $95  million in federal American Rescue Plan Act funds to the California Travel and Tourism Commission, which operates as Visit California, for an expansion of its tourism marketing efforts.
https://lao.ca.gov/Publications/Report/4452

The 2022-23 Budget: Initial Comments on the Governor's May Revision

May 16, 2022 - Overall, we estimate 95  percent are devoted to one ‑time or temporary purposes and 5  percent are ongoing. Specifically, the Governor proposes  allocating: $32   Billion to One ‑Time or Temporary Spending on Programmatic Expansions.
https://lao.ca.gov/Publications/Report/4598

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - In over 95  percent of scenarios, the state faces a budget problem by 2025 ‑26 either due to constitutional spending requirements or a recession. In these scenarios, the state would need to make cuts to existing services to bring the budget back into  balance.
https://lao.ca.gov/Publications/Report/4583