The 2020-21 Budget: California's Spring Fiscal Outlook [Publication Details]

May 8, 2020 - Under both of our economic scenarios, budget deficits persist until at least 2023-24 with multiyear deficits summing to $64 billion in the U-shaped recession and $126 billion in the L-shaped recession.
https://lao.ca.gov/Publications/Detail/4228

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

May 8, 2020 - Over the entire multiyear period, deficits sum to $ 64  b illion in the U ‑shaped scenario and $ 126  b illion in the L ‑shaped scenario. We show these estimates in “Appendix  3,  Figure  4. ” Addressing the Budget Problem Significant Budget Problems Likely to Persist in Years to Come.
https://lao.ca.gov/Publications/Report/4228

The State Appropriations Limit

Apr 21, 2021 - Other new tax levies, like the passage of Proposition  64 (2016) —which established state excise taxes on cannabis —further diminished room under the state ’s limit. School Spending Growing Faster Than School Limits.
https://lao.ca.gov/Publications/Report/4416

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The budget assumes 27,000 seniors will gain comprehensive coverage at a half ‑year cost of $ 64  m illion General Fund in 2020 ‑21 and an annual ongoing cost of $ 320  m illion General Fund at full implementation.
https://lao.ca.gov/Publications/Report/4135