The 2020-21 Budget: California's Spring Fiscal Outlook

May 8, 2020 - With a two ‑thirds vote of each house of the Legislature, the state can suspend the guarantee and provide less funding than the formulas require that year. Proposition  98 Guarantee Down Significantly Under Both Scenarios.
https://lao.ca.gov/Publications/Report/4228

The 2018-19 May Revision: LAO Multiyear State Budget Outlook

May 17, 2018 - Most notably, there are two bonds for natural r esources and one for housing that have already qualified. Our outlook does not include any debt service costs related to these measures. If all of the proposed bonds qualified and were approved by voters, we expect that annual debt service costs would increase by over $100  million in 2019 ‑20 and growing to several hundred million dollars in 2021 ‑22.
https://lao.ca.gov/Publications/Report/3843

2001-02 Budget Conference Committee Overview [Publication Details]

Jun 3, 2001 - Handout presented to the 2001-02 Conference Committee on the Budget. Compares key features of the budgets adopted by the two houses and outlines key considerations for the committee.
https://lao.ca.gov/Publications/Detail/807

The 2018-19 Budget: Overview of the Governor's Budget

Jan 12, 2018 - If approved by voters in 2018, S B  5 and S B  3 would each authorize $ 4  b illion in general obligation bonds for natural resources ‑related projects and housing, respectively. Assuming both measures are approved by voters, the budget allocates $ 1  b illion for the first year of implementation of S B  5 and $ 285  m illion for S B  3 .
https://lao.ca.gov/Publications/Report/3731

The 2020-21 Budget: Structuring the Budget

Feb 10, 2020 - Housing construction is expected to pick up after plateauing during the last few years. Modest Revenue Growth. The Governor ’s budget assumes General Fund revenues grow about 2  p ercent per year, increasing from $ 150  b illion in 2019 ‑ 20 t o $ 164  b illion in 2023 ‑24.
https://lao.ca.gov/Publications/Report/4150

Building Reserves to Prepare for a Recession

Mar 7, 2018 - This can only occur upon declaration by the Governor and majority votes of both houses of the Legislature. The Governor may call a budget emergency in two cases: ( 1)  i f estimated resources in the current or upcoming fiscal year are insufficient to keep spending at the level of the highest of the prior three budgets, adjusted for inflation and population (a “fiscal budget emergency ”) or ( 2)  i n response to a natural or man ‑made disaster.
https://lao.ca.gov/Publications/Report/3769

The 2017-18 Budget: California's Fiscal Outlook

Nov 16, 2016 - Housing and Disability Income Advocacy Program Could Increase Caseload, State Costs. The 2016 –17 budget provided $43.5  million of one –time General Fund support —to be spent over three years —for the Housing and Disability Income Advocacy Program.
https://lao.ca.gov/Publications/Report/3507

The 2019-20 Budget: California's Fiscal Outlook

Nov 14, 2018 - Under current law, $ 415  m illion of this total would be dedicated to fund state capital outlay and $ 250  m illion would be available each for rail infrastructure and affordable housing. Required Debt Payments of $1.7   Billion.
https://lao.ca.gov/Publications/Report/3896

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The website is operated by the California College Guidance Initiative, a non ‑profit entity housed within the Foundation for California Community Colleges, which is located in Sacramento. Funds Higher First ‑Year Costs to Upgrade School District Financial Reporting System .
https://lao.ca.gov/Publications/Report/3870/3

Perspectives on the Economy and Demographics 2007-08 [Publication Details]

Feb 21, 2007 - For 2007, like most other economists at this time, we forecast that growth will continue but be modest for the nation and California. For the year as whole, 2007 growth will be somewhat less than it was in 2006, with the first half of the year the weakest. Throughout the year, however, growth should accelerate, as the housing sector stabilizes, especially in the second half of 2007.
https://lao.ca.gov/Publications/Detail/1558