Cap-And-Trade Auction Update and GGRF Projections

Dec 6, 2021 - Under this scenario, prices increase to $40 in 2022 and $43 in 2023. Under this scenario, prices would be slightly below the first “containment reserve ” price, which is a design element of the cap ‑and ‑trade program that is intended to slow a rapid price increase.
https://lao.ca.gov/Publications/Report/4480

The 2022-23 Budget: Cap-and-Trade Revenue Update

Apr 29, 2022 - Under those two revenue scenarios, we estimated that total revenue would exceed the Governor’s budget assumptions by $600 million (low scenario) to $2.8 billion (base scenario) over the 2021-22 and 2022-23 fiscal years.
https://lao.ca.gov/Publications/Report/4591

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor proposes to pay down $8.4  billion of this amount, with districts receiving the associated cash in 2021 ‑22. Slightly more than $4  billion would remain deferred from 2021 ‑22 to 2022 ‑23.
https://lao.ca.gov/Publications/Report/4309

The 2021-22 Budget: Overview of the Governor's Budget [Publication Details]

Jan 10, 2021 - The 2021-22 Budget: Overview of the Governor's Budget [Publication Details] Description: This report provides a brief summary and initial assessment of the proposed 2021-22 Governor’s Budget. Correction 1/11/21: Totals for immediate and early action proposals have been corrected.
https://lao.ca.gov/Publications/Detail/4309

The 2022-23 Budget: Water and Drought Response Proposals

Jan 31, 2022 - This makes it difficult for the Legislature to be able to evaluate whether providing an additional $40 million is a worthwhile and high‑priority investment for 2022‑23. More Than Half of the Governor’s Proposed Activities Are Excluded From State Appropriations Limit (SAL).
https://lao.ca.gov/Publications/Report/4509

The 2023-24 Budget: Proposed Energy Policy Changes

Mar 10, 2023 - For  example, as of February 2023, the ESSRRP had committed $654  million for specific expenditures, but $1.4  billion of funding the Legislature appropriated for 2021 ‑22 and 2022 ‑23 remained unspent.
https://lao.ca.gov/Publications/Report/4735

The 2025-26 Budget: Natural Resources and Agriculture Discretionary Spending Proposals

Feb 18, 2025 - The program was first established in 2021 ‑22 when the state provided $3  million General Fund per year through 2023 ‑24. An additional $13.5  million was provided in 2022 ‑23 to increase the number of free passes available through 2023 ‑24.
https://lao.ca.gov/Publications/Report/4967

The 2022-23 California Spending Plan: Resources and Environmental Protection

Oct 10, 2022 - As highlighted above, DOC is also receiving General Fund across 2021-22 and 2022-23 from the Drought Response and Resilience ($40  million), Wildfire ($20  million), and Nature-Based Solutions ($14  million) budget packages.
https://lao.ca.gov/Publications/Report/4633

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - In tandem with providing ongoing base augmentations, the Governor sets forth a total of 40 associated expectations for the universities (22 for CSU and 18 for UC). These expectations focus on student access, overall student outcomes, equity in student outcomes, college affordability, intersegmental collaboration, workforce preparedness, and online education.
https://lao.ca.gov/Publications/Report/4492

The 2023-24 California Spending Plan: Resources and Environmental Protection

Oct 16, 2023 - The 2021 ‑22 and 2022 ‑23 budget packages included a number of multiyear thematic climate and natural resources funding packages totaling about $36.5  billion across the six-year period of 2021 ‑22 through 2026 ‑27.
https://lao.ca.gov/Publications/Report/4807