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

Jan 13, 2025 - The Governor ’s budget proposes to change the rules about how taxable profits are determined for financial institutions. The administration estimates this change would increase revenues on an ongoing basis by around $300  million per year.
https://lao.ca.gov/Publications/Report/4951

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Dymally Institute — Regional K ‑16 education collaboratives — Hastings College of the Law California Institute on Law, Neuroscience, and Education — Hastings College of the Law Alternative campus safety program College savings accounts (General Fund share) — CCC Expanded Entitlement Program ‑ base awards — CCC Expanded Entitlement Program ‑ student parent
https://lao.ca.gov/Publications/Report/4448/1

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - Only $22  million of the $50  million that the Legislature set aside for nonprofit arts and cultural institutions was allocated in 2020 ‑21 because the program received too few qualified applications.
https://lao.ca.gov/Publications/Report/4452

Despite Fiscal Forecasting Uncertainties, Multiyear Budget Planning Essential

May 27, 2021 - Insofar as investors and analysts deem these projections credible, California ’s institutional commitment to doing multiyear budget estimates contributes to a higher bond rating and, consequently, more favorable financing terms in the credit markets.
https://lao.ca.gov/Publications/Report/4443

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

Jan 29, 2021 - Legal Risks Associated With In‑Home Supportive Services (IHSS) Reduction Proposals Proposals to reduce or eliminate IHSS services generally are vulnerable to litigation asserting that the change violates federal Medicaid rules and/or puts recipients at risk of institutional placement, which could violate the United States Americans with Disabilities Act (ADA).
https://lao.ca.gov/Publications/Report/4328

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

Dec 1, 2020 - A new supplemental payment to the schools, instituted in the 2020 ‑21 budget, contributes to strong projected funding growth for K-14 education. After accounting for cost-of-living and other baseline adjustments, we estimate that the Legislature will have increasing amounts of funding available for new K-14 commitments over the outlook period.
https://lao.ca.gov/Publications/Report/4305

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

Jan 10, 2021 - (Taking immediate state action on the $25  million in cultural institution grants also is worth considering for similar reasons.) Doing so, however, would not give the Legislature a chance to determine how much demand actually exists for this brand new program.
https://lao.ca.gov/Publications/Report/4309

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - Administered as part of AmeriCorps, the initiative provides students at public and private higher education institutions with service opportunities in areas such as education and youth development, health, and disaster response.
https://lao.ca.gov/Publications/Report/4626

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - The largest spending components within this category are $ 650 m illion for deferred maintenance and energy efficiency projects at CSU and UC, $ 500 m illion for student housing (with an additional $1. 5 b illion provided over the subsequent two fiscal years), and $ 458 m illion for CSU Humboldt to transition to a polytechnic institution.
https://lao.ca.gov/Publications/Report/4448