The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor proposes to pay down $8.4  billion of this amount, with districts receiving the associated cash in 2021 ‑22. Slightly more than $4  billion would remain deferred from 2021 ‑22 to 2022 ‑23.
https://lao.ca.gov/Publications/Report/4309

The 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - The 2021-22 Budget: The Governor’s Proposition 2 Proposals The Governor ’s Proposition  2 Proposals Introduction Passed by voters in 2014, Proposition  2 changed budgeting practices concerning: (1)  reserves and (2)  debt payments.
https://lao.ca.gov/Publications/Report/4418

Unit 2 (Attorneys) MOU Analysis

Aug 25, 2022 - As we indicated in our June 25, 2021 analysis of the 2021 Unit 6 agreement with the state, the Unit 6 agreement provided Unit 6 a 2.5 percent GSI in 2022-23 and specified that CCPOA could choose to reopen that agreement should another bargaining unit receive a GSI in 2022 that is greater than 2.5 percent.
https://lao.ca.gov/Publications/Report/4619

The 2022-23 Budget: Commission on Peace Officer Standards and Training

Jan 31, 2022 - This amount represents an increase of $23.3  million (27  percent) from the revised 2021 ‑22 level. The budget proposes a total of 263 positions for POST in 2022 ‑23, an increase of 127 positions (93  percent) above the revised 2021 ‑22 level.
https://lao.ca.gov/Publications/Report/4507

2022-23 Fiscal Outlook Revenue Estimates [EconTax Blog]

Nov 17, 2021 - Whereas revenues grew over 30 percent in 2020-21, our main forecast has growth drop to 8 percent in 2021-22, fall further to about 2 percent in 2022-23, and then becomes slightly negative in 202 3-24.
https://lao.ca.gov/LAOEconTax/Article/Detail/712

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - California’s Strong Revenue Trends Mask Looming Budget Risk January 23, 2026 Tweet Gabriel PetekLegislative Analyst History suggests that fiscal risks can build during times when they are easiest to ignore.
https://lao.ca.gov/Publications/Report/5104

The 2022-23 Budget: Special Education Proposals

Jan 25, 2022 - The 2022-23 Budget: Special Education Proposals The 2022‑23 Budget Special Education Proposals Summary. This post provides background on various special education programs, describes the Governor ’s proposals related to these topics, and offers associated recommendations and issues for the Legislature to consider.
https://lao.ca.gov/Publications/Report/4494

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - Center for Excellence $750,000 ongoing beginning in 2022 ‑23. Emergency Response Augmentation $50 million one ‑time in 2021 ‑22 and again in 2022 ‑23, expendable for four years (through June 30, 2026 for the later allocation).
https://lao.ca.gov/publications/report/5147

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - SSP Grants Were Increased in 2016-17, 2021-22, 2022-23, and 2023-24.  Since the Great Recession, as seen in Figure  2, grants for individuals and couples have been increased four times —in 2016-17 (by 2.76  percent), 2021-22 (by 23.95  percent), 2022-23 (by 10.3  percent), and 2023-24 (by 9.2  percent).
https://lao.ca.gov/Publications/Report/5148

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852