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

May 17, 2024 - For example, the May Revision forgoes nearly $1  billion in provider rate increases in the Managed Care Organization package (growing to over $2  billion in 2025-26), reduces $325  million in funding for the multifamily housing program, and reduces the Regional Early Action Planning program by $300  million.
https://lao.ca.gov/Publications/Report/4902

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - Appendix 1, Figure 3 Spending Reductions Proposed in the 2024 ‑25 Governor ’s Budget General Fund (In Millions) Sweep State Operations Funds for HHAPP and FHC Grants — Prescribed fire & hand crews (Wildfire) — Interagency forest data hub (Wildfire) — Compost Permitting Pilot Program (Circular Economy) — Active Transportation Program (Transportation Infrastructure) — Employment Services Intensive
https://lao.ca.gov/Publications/Report/4825/1

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - . $15  million for the Multifamily Seismic Retrofit Grant Program to provide financial assistance for seismic retrofitting to owners of multifamily housing at risk of collapse in earthqu akes. (The 2022-23 budget package originally specified that the Legislature shall appropriate $250  million one time in 2023-24 for this program.
https://lao.ca.gov/Publications/Report/4814

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

Oct 16, 2023 - Finally, the 2023 ‑24 budget authorizes an increase of $100  million in one ‑time General Fund spending for HCD ’s Multi ‑Family Housing Program and continues the recent practice of providing an additional $500  million for the state Low ‑Income Housing Tax Credit Program.
https://lao.ca.gov/Publications/Report/4788

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

Oct 16, 2023 - Appendix 4, Figure 4 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Housing and Homelessness General Fund (In millions) Homeless Housing, Assistance, and Prevention Program (HHAPP) $1,100 Veteran Housing and Homeless Prevention Program 50 $345 $100 a By the time the HHAPP costs are incurred, the program will have transferred to from BCSH Agency to HCD.
https://lao.ca.gov/Publications/Report/4788/4

The 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - For  example, the May Revision retracts the proposed reduction to the Court Appointed Special Advocate program and proposes using an alternative fund source for a portion of the Behavioral Bridge Housing program, rather than a General Fund delay.
https://lao.ca.gov/Publications/Report/4769

The 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - CARB = California Air Resources Board; BHC= Baldwin Hills Conservancy; CalRecycle = California Department of Resources, Recycling and Recovery; CalFire = California Department of Forestry and Fire Protection; CCC = California Conservation Corps; CNRA = California Natural Resources Agency; CPUC = California Public Utilities Commission; CVC = Coachella Valley Conservancy; DFW = D epartment of Fish
https://lao.ca.gov/Publications/Report/4769/1

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

Jan 13, 2023 - Many  of the spending solutions in natural resources and environment, transportation, and housing and homelessness are subject to this trigger restoration  language. $2.6   Billion in Spending Reductions.
https://lao.ca.gov/Publications/Report/4662

The 2023-24 Budget: California's Fiscal Outlook [Publication Details]

Nov 16, 2022 - Update (11/22/22): The original version of this report identified a $25 billion —instead of a $24 billion —budget problem, which reflected an error in the way we accounted for student housing grant program funding.
https://lao.ca.gov/Publications/Detail/4646

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - But this growth is offset by about $15  billion in lower spending in other areas —including in natural resources, transportation, and housing. In these areas, the state allocated significant portions of recent budget surpluses to temporary augmentations, which “turn off ” over the period, resulting in declines relative to the 2023 ‑24  level.
https://lao.ca.gov/Publications/Report/4646