The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - Appendix 1, Figure 4 Reversions Proposed in the 2024 ‑25 Governor ’s Budget General Fund (In Millions)
https://lao.ca.gov/Publications/Report/4825/1

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - Cost Shifts The Governor’s budget includes about $4 billion in cost shifts. We define cost shifts as budget actions that achieve savings in the present, but result in a binding obligation or higher cost for the state in a future year.
https://lao.ca.gov/Publications/Report/4825

The State Appropriations Limit

Apr 21, 2021 - How the Limit Works for the State The SAL calculation has three steps: ( 1)  c alculate the spending limit, ( 2)  d etermine appropriations subject to the limit, and ( 3)  d etermine the room (if any).
https://lao.ca.gov/Publications/Report/4416

The 2021-22 California Spending Plan: The State Appropriations Limit

Aug 30, 2021 - The 2021-22 California Spending Plan: The State Appropriations Limit The 2021-22 California Spending Plan The State Appropriations Limit In the late 1970s, voters passed Proposition  4 (1979), which added Article XIIIB to the State Constitution.
https://lao.ca.gov/Publications/Report/4449

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - Although the Governor has not officially d eclared a budget emergency for 2024-25 (or any other year in the budget window), we agree that the conditions for a declaration exist. After a budget emergency is declared, the state can withdraw up to half of the constitutional balance of the BSA.
https://lao.ca.gov/Publications/Report/4902

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - However, about $4  billion of the budget problem results from new, discretionary General Fund spending in the budget package, as well as some budget actions adopted in a special session, which we describe in the box below.
https://lao.ca.gov/Publications/Report/5079

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

Jan 13, 2022 - The budget includes proposals for two new business tax credit  programs: Climate Change Research and Development (R &D) Credit. This new credit would be available to companies headquartered in California that are spending on R &D activities related to mitigating climate change.
https://lao.ca.gov/Publications/Report/4492

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - As a result, these obligations will place additional pressure on the state ’s future budgets. Figure 4 State ’s New Borrowing to Balance the Budget (In Billions)
https://lao.ca.gov/Publications/Report/5052

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - As a result, associated spending is likely to be higher in the out ‑years.
https://lao.ca.gov/Publications/Report/5044

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Chapter 22 of 2024 (AB 107, Gabriel) appropriates this allocation in 2024 ‑25. eFF amounts do not include additional IIJA funding from Digital Equity Act programs, specifically $4  million in state planning and $70 million in state capacity program allocations.
https://lao.ca.gov/Publications/Report/4934