The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - As can be seen in Figure 2, revenue collections have grown rapidly in recent months, coming in over $10 billion ahead of budget act expectations so far this year. Underlying this growth is a meteoric rise in several measures of economic activity.
https://lao.ca.gov/Publications/Report/4472

The 2021-22 Budget: The Governor’s Suspension Proposal

Jan 29, 2021 - Figure 3 shows the costs of rejecting the Governor ’s proposal in 2022 ‑23 and 2023 ‑24. Figure 3 General Fund Cost of Rejecting Governor ’s Proposal (In Millions)
https://lao.ca.gov/Publications/Report/4328

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - As we described in our November Fiscal Outlook , the recent stronger-than-expected revenue trends are almost entirely explained by the personal income tax (PIT), which has seen double digit growth this year.
https://lao.ca.gov/Publications/Report/5104

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - These slots will have full ‑year costs of $305  million beginning in 2025 ‑26. The  budget also modifies and adds into statute details related to the multiyear slot expansion plan. (In 2021 ‑22, the Legislature and Governor agreed to add 206,500 child care slots by 2025 ‑26.
https://lao.ca.gov/Publications/Report/4922

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Generative Artificial Intelligence (GenAI) Budget-Related Legislation Provides Legislative Oversight of GenAI Executive Order (EO). Chapter 35 of 2024 (SB 108, Wiener) requires the Government Operations Agency (GovOps) to establish monthly meetings with legislative staff to discuss implementation of EO N-12-23 , the state’s first EO on GenAI.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Generative Artificial Intelligence (GenAI) Budget-Related Legislation Provides Legislative Oversight of GenAI Executive Order (EO). Chapter 35 of 2024 (SB 108, Wiener) requires the Government Operations Agency (GovOps) to establish monthly meetings with legislative staff to discuss implementation of EO N-12-23 , the state’s first EO on GenAI.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - The existing film tax credit (Program 3.0) was set to sunset on June  30, 2025. This new iteration of the program includes set safety provisions under a new pilot program, refundability for tax credits, and new program elements aimed at increasing diversity in California ’s film industry.
https://lao.ca.gov/Publications/Report/4814

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - From the increased amount of credits, $75  million is for recurring television series and $15  million is for television series that relocate to California from other states. The budget package also places new limits on the total amount of credits any one recurring television series may receive.
https://lao.ca.gov/Publications/Report/4452

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - SCO and CalHR expect the proposed CSPS IT project to complete the PAL process in the last quarter of the 2022-23 fiscal year and begin development and implementation of the project shortly thereafter.
https://lao.ca.gov/Publications/Report/4626

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - Cities and counties will receive fiscal recovery funds based on a set of formulas that considers the jurisdiction ’s population, among other factors. The federal government will distribute funds directly to all counties and cities with populations greater than 50,000.
https://lao.ca.gov/Publications/Report/4407