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The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Specifically, the Governor ’s budget assumes (1)  a $620  million ($230  million General Fund) reduction through the permanent elimination of 6,500 vacant positions and associated funding and (2)  a $1.5  billion ($820  million General Fund) in 2024 ‑25 and $2  billion ($1.2  billion General Fund) in 2025 ‑26 and ongoing reduction to state operations expenditures.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - These include activities such as (1)  having a local leader sign a pledge, (2)  establishing an informal advisory board, (3)  conducting an initial litter assessment, (4)  organizing community cleanups, and (5)  creating a long ‑term plan for keeping communities clean.
https://lao.ca.gov/Publications/Report/4961

The 2024-25 Spending Plan: Transportation

Sep 10, 2024 - This is an increase of $2  million from the estimated 2023 ‑24 level. The funds will support 14 new permanent staff positions. These new positions, along with the recently appointed Inspector General, will launch the office, which was created by Chapter  71 of 2022 (SB  198, Committee on Budget and Fiscal Review).
https://lao.ca.gov/Publications/Report/4925

The 2024-25 Budget: Establishing the Office of the Inspector General for the High-Speed Rail Authority

Feb 8, 2024 - These statutory changes would help ensure that the Legislature has sufficient information to (1)  assess the appropriate level of funding for OIG to complete its work and (2)  safeguard the independence of the office.
https://lao.ca.gov/Publications/Report/4833

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

Jan 13, 2023 - (Recent budgets have enacted SFEU balances around $2  billion to $4  billion. The SFEU is used to cover costs of unanticipated expenditures.) Relative to our November estimates, this set ‑aside increases the size of the budget problem. $2   Billion in Discretionary Spending.
https://lao.ca.gov/Publications/Report/4662

The 2023-24 California Spending Plan: Transportation

Oct 16, 2023 - First, as shown earlier in Figure  2 and consistent with prior multiyear funding agreements, the budget includes $2  billion General Fund in both 2023-24 and 2024-25 for the population-based TIRCP. The budget also expands the allowable uses for this funding, permitting it to be used for capital improvements and/or transit operations.
https://lao.ca.gov/Publications/Report/4804

The 2022-23 California Spending Plan: Transportation

Sep 29, 2022 - From 2021-22 to 2025-26, the department estimates that IIJA will provide the state with an additional $9.5  billion in formula-based highway funding —an average annual increase of $2  billion compared to normal federal fund allotments.
https://lao.ca.gov/Publications/Report/4628

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - This assumes, however, that the suspensions take effect, reducing General Fund spending by $2. 2  b illion in that year. Absent the suspensions, the budget would face an operating deficit in 2023 ‑ 24 o f nearly $ 2  b illion Large Operating Deficits Could Emerge Depending on Recently Proposed Federal Regulations.
https://lao.ca.gov/Publications/Report/4135

The 2019-20 Budget: California Spending Plan—Transportation

Oct 17, 2019 - Specifically, the budget includes a total of about $2  billion in SB  1 funding for highway maintenance and repair, bridge and culvert repairs, enhancements to the state ’s corridors, and various other activities.
https://lao.ca.gov/Publications/Report/4098