CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

Cal Facts: 2016

Dec 5, 2016 - The remaining 40 percent was paid up front, almost all from special fund revenues, such as taxes on gas. California Licenses Professionals In a Wide Variety of Fields Total Number of Licenses We estimate that Californians hold about 6 million state licenses or similar certifications to perform their jobs.
https://lao.ca.gov/Publications/Report/3511/7

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

Jan 13, 2024 - Safety Net Reserve. The Governor also proposes withdrawing the entire balance of the Safety Net Reserve—$900 million. Withdrawing the entire balance of the Safety Net Reserve may not be consistent with legislative intent.
https://lao.ca.gov/Publications/Report/4825

Rethinking California's Reserve Policy

Apr 10, 2025 - For example, in 2018 ‑19, the Legislature created the Budget Deficit Savings Account —which was used to temporarily hold a $2.6  billion optional deposit into the BSA —and the Safety Net Reserve —a reserve specifically dedicated to CalWORKs and Medi ‑Cal.
https://lao.ca.gov/Publications/Report/5028

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - For instance, safety net programs have higher enrollment during economic downturns. Similarly, state firefighting costs rise significantly in years with larger wildfires. However, sometimes external changes can alter a program ’s scope or the population served in ways that are unanticipated.
https://lao.ca.gov/Publications/Report/4983

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

May 17, 2024 - Safety Net Reserve . Similar to January, the Governor also proposes withdrawing the entire balance of the Safety Net Reserve —$900  million. The Safety Net Reserve was designed to help cover costs of increasing caseload in Medi-Cal and the California Work Opportunity and Responsibility to Kids program in the event of an economic downturn.
https://lao.ca.gov/Publications/Report/4902

With New Deficits Looming, California Will Weigh its Options for Allocating a Large Revenue Windfall

Dec 1, 2020 - Within just a few weeks, the budget process was upended from a discussion about how to allocate a surplus into the much less welcome task of solving a large anticipated deficit problem. Moreover, the situation presented the Legislature with a difficult dilemma.
https://lao.ca.gov/Publications/Report/4305

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - This is primarily due to increased Greenhouse Gas Reduction Fund (GGRF) funding for forest health and fire prevention, partially offset by decreased emergency drought spending and estimated Emergency Fund expenditures.
https://lao.ca.gov/Publications/Report/3694/9

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - Public Safety Various Public Safety Reductions. The budget reflects numerous reductions to General Fund spending on public safety programs. Notable examples include: $169  million (increasing to $225  million in 2025 ‑26 and ongoing) in reductions to CDCR associated with prison capacity deactivations.
https://lao.ca.gov/Publications/Report/4922

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

Jan 13, 2025 - These include funds for water recycling, wildfire prevention activities at state parks, and dam safety activities. The proposal would then provide a like amount of funding from Proposition  4, the climate bond approved by voters in November 2024.
https://lao.ca.gov/Publications/Report/4951