Federal COVID-19-Related Funding to California

Apr 28, 2020 - As shown in Figure  1, we categorize federal funding according to the two major channels through which they reach Californians. These channels are: Payments to Public Entities. Payments to governments and other public entities are shown on the right side of Figure  1.
https://lao.ca.gov/Publications/Report/4226

New Inflation Poses Not So New Budget Risk

Dec 15, 2022 - First, what is the main channel through which high inflation affects the state’s budget condition? Second, how exposed is the state’s cost structure to the effects of high inflation? The broader concerns related to inflation also give rise to an important question from the opposite direction: Should the Legislature consider whether its policy choices will influence the level or direction of inflation in the economy?
https://lao.ca.gov/Publications/Report/4653