The 2024-25 Budget: Transportation Budget Solutions

Feb 23, 2024 - Cash Flow Adjustments Avoid Programmatic Impacts but Create Cost Pressures in Future Years. The proposed $2.8  billion in cash flow adjustments would help alleviate cost pressures in the near term by reducing General Fund commitments in 2023 ‑24.
https://lao.ca.gov/Publications/Report/4854

The 2023-24 Budget: Proposed Fund Shift for CHP and DMV Capital Projects

Feb 27, 2023 - We recommend the Legislature weigh the trade ‑offs associated with using up ‑front cash versus lease revenue bonds for CHP and DMV projects, such as the resulting implications for the timing and level of costs.
https://lao.ca.gov/Publications/Report/4710

The 2025-26 California Spending Plan: Transportation

Oct 16, 2025 - Cash flow adjustments from prior budget packages reverted previously awarded funds, with the intent to reappropriate those dollars in future years for the same projects when awardees are expected to need construction funding.
https://lao.ca.gov/Publications/Report/5077

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

Jan 13, 2023 - As the figure shows, most of the discretionary increases are to finance some capital outlay projects with cash instead of lease revenue bonds. This increases the size of the budget  problem. $800   Million in Other Differences.
https://lao.ca.gov/Publications/Report/4662

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - ADRC = Aging and Disability Resources Centers; Cal ‑OAR = CalWORKs Outcomes and Accountability Review; IT = information technology; FFPSA = Federal Family First Prevention Services Act; DCSD = Department of Community Services and Development; DDS = Department of Developmental Services; DOR = Department of Rehabilitation; DSS = Department of Social Services; HDAP=Housing and Disability Advocacy
https://lao.ca.gov/Publications/Report/4432/5

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - This somewhat unusual circumstance is the result of cash flow adjustments the state made as part of the current ‑year budget agreement. Specifically, the 2024 ‑25 budget package reverted funds appropriated for these programs in prior years —that had already been awarded to projects —with the intent of reappropriating the dollars in a future year when they are actually needed to cover planned expenditures.
https://lao.ca.gov/Publications/Report/4961

The 2024-25 Spending Plan: Transportation

Sep 10, 2024 - D = Delay; FS = Fund Shift; CF = Cash Flow Adjustment; and R = Reduction. TIRCP = Transit and Intercity Rail Capital Program; CalSTA = California State Transportation Agency; Caltrans = California Department of Transportation; CWDB = California Workforce Development Board; GO ‑Biz = Governor ’s Office of Business and Economic Development; and  DMV  =  Department  of  Motor  Vehicles.
https://lao.ca.gov/Publications/Report/4925

The 2023-24 Budget: Proposed Budget Solutions in Transportation Programs

Feb 13, 2023 - (As mentioned earlier, the administration can use other ATP funds and cash ‑management strategies to delay the impacts of the proposed $200  million reduction, but a deeper cut would impact current projects.)
https://lao.ca.gov/Publications/Report/4676

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Reflecting very strong cash collections in recent months, the May Revision adjusts 2020 ‑21 revenues (and transfers) up by $26.8  billion to $182  billion. This represents a 27  percent increase over 2019 ‑20, the largest single year increase in over four decades.
https://lao.ca.gov/Publications/Report/4432

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - On January 10, 2022, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Report/4492