Rethinking California's Reserve Policy

Apr 10, 2025 - These changes included: (1)  new rules for deposits into the BSA, (2)  limitations on the Legislature ’s ability to access the fund, and (3)  a new maximum level for constitutional deposits into the fund.
https://lao.ca.gov/Publications/Report/5028

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - Ordered by bill number. Major Features of the 2024‑25 Spending Plan This section briefly describes the major spending actions in the 2024 ‑25 budget package, including some actions that were part of the early action package.
https://lao.ca.gov/Publications/Report/4922

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Additionally, the budget package includes legislation allowing DGS to use job order contracting for public works projects. Specifically, it would allow DGS to enter into competitively bid, fixed price, indefinite quantity contracts for certain public works.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Additionally, the budget package includes legislation allowing DGS to use job order contracting for public works projects. Specifically, it would allow DGS to enter into competitively bid, fixed price, indefinite quantity contracts for certain public works.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

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

Jan 13, 2025 - This  would result in maintaining prior funding levels for these activities but would preclude this amount of Proposition  4 funds from supporting expanded service levels or additional projects. Spending and Tax Expenditure Proposals New Spending Proposals of Nearly $600   Million.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - This fiscal oversight requires assessing (1)  what the key program goals and expected outcomes are, (2)  the extent to which programs are delivering those expected outcomes, (3)  whether programs ’ costs align with expectations, and (4)  whether the benefits justify the costs.
https://lao.ca.gov/Publications/Report/4983

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - This is a net increase of $2.7  million (3  percent) from the revised 2022-23 level. This net change primarily reflects the expiration of General Fund support for a licensing fee waiver program authorized in the 2020-21 budget package as well as the augmentations described below.
https://lao.ca.gov/Publications/Report/4814

Rethinking California's Reserve Policy [Publication Details]

Apr 10, 2025 - In this report, we assess proposed changes by the Governor to the state’s reserve policy and put forward our own recommendations that would allow the state to save enough in reserves to be able to afford its core service level over the long-term.
https://lao.ca.gov/Publications/Detail/5028

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - The light green line shows the amount of revenue the state would need to “break even ” —that is, the level of revenue the state would need to be able to afford the level of spending proposed in the May Revision.
https://lao.ca.gov/Publications/Report/4907

The 2020-21 Budget: California's Spring Fiscal Outlook

May 8, 2020 - Our estimates of the budget problem assume the state provides inflation ‑related cost increases in order to maintain current service levels, although those increases are not necessarily required under current law or policy.
https://lao.ca.gov/Publications/Report/4228