Rethinking California's Reserve Policy

Apr 10, 2025 - Create New, More Robust and Flexible Deposit Rules The Legislature could first consider asking voters to replace Proposition 2’s existing framework for deposit rules with something entirely different.
https://lao.ca.gov/Publications/Report/5028

California's Legislative Analyst's Office and the Value of Independence

Nov 15, 2024 - Some have asked why this is the case and whether aligning LAO and DOF estimates would be helpful to the Legislature. Although aligning revenue estimates might reduce the potential for confusion, doing so would risk creating bigger problems.
https://lao.ca.gov/Publications/Report/4938

The Definition of Qualified Capital Outlay for the State Appropriations Limit

Feb 18, 2022 - In this post, we provide our view on some commonly asked questions about the statutory definition of capital outlay for SAL-re lated purposes. Introduction The State Appropriations Limit. The SAL restricts how the state can use revenues that exceed a specified threshold.
https://lao.ca.gov/Publications/Report/4547

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

Jan 10, 2021 - We recommend the Legislature consider each proposal separately and ask a series of consistent questions when determining whether the proposals warrant early action. Specifically, we recommen d the Legislature ask: Does the Administration Provide Sufficient Evidence of a Problem?
https://lao.ca.gov/Publications/Report/4309

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - Below, we provide some initial answers to some commonly asked questions about the fiscal recovery funds, although these answers are all subject to change based on the Treasury guidance. How Will the Funds Affect the State ’s Budget Condition?
https://lao.ca.gov/Publications/Report/4407

The Definition of Qualified Capital Outlay for the State Appropriations Limit [Publication Details]

Feb 18, 2022 - In this post, we provide our view on some commonly asked questions about the statutory definition of capital outlay for the state appropriations limit (SAL).
https://lao.ca.gov/Publications/Detail/4547

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - The Legislature ’s second long ‑term option is to ask the voters to approve changes to the SAL. As we noted in a 2021 report on the SAL , there are policy justifications for requesting that the voters change school districts’ limits.
https://lao.ca.gov/Publications/Report/4583

The State Appropriations Limit

Apr 21, 2021 - To maintain the goal of Proposition   98 t o provide a certain amount of funding to schools —without crowding out other state spending —the Legislature could consider asking the voters to modify districts ’ limits.
https://lao.ca.gov/Publications/Report/4416

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

Jan 13, 2022 - Moreover, we suggest asking the administration whether one ‑time funding would be sufficient to address these long ‑standing  disparities. Foundational Support for Core State and Local Public Health Functions.  
https://lao.ca.gov/Publications/Report/4492