Reasons For Favorable Outlook Slide 2 of 13

Go to slide: 1: California’s 2: Reasons For Favorable Outlook 3: Key Features of LAO Outlook 4: California Income and Employment 5: Economic Expansion Broadening 6: PIT Liability Growth To Be Moderate 7: Taxable Sales to Grow Slightly Slower 8: Projected General Fund Spending for Major Programs 9: TANF/CalWORKs Caseloads Declining 10: SSI/SSP Caseloads Leveling Off 11: Number of Families and Children In Medi-Cal Declining After Period of Rapid Growth 12: Proposition 98 Funding Per Student 13: California’s Population to Expand

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