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

Jan 13, 2025 - New Tax Expenditures of $150   Million. The Governor ’s budget includes some revenue proposals, which would expand existing tax expenditures and create new ones. This includes increasing the existing film tax credit from $330  million to $750  million per year and excluding some military retirement income from taxation.
https://lao.ca.gov/Publications/Report/4951

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - We define a delay as an expenditure reduction that occurs in the budget window (2021 ‑22 through 2023 ‑24), but has an associated expenditure increase in a future year of the multiyear window (2024 ‑25 through 2026 ‑27).
https://lao.ca.gov/Publications/Report/4662

The 2023-24 California Spending Plan: Child Care and State Preschool

Nov 17, 2023 - Additionally, DSS and CDE are required to provide point-in-time allocations and projected expenditure levels associated with the collectively bargained early education and parity agreement. (Refer to the Supplemental Report of the 2023‑24 Budget Act for more detail.)
https://lao.ca.gov/Publications/Report/4817

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

Jan 13, 2020 - Recently, corporation tax collections have grown faster than anticipated while personal income tax collections have grown somewhat slower. The administration assumes that this pattern will continue. This is because they attribute the pattern to partnerships, which are taxed under the personal income tax, changing to corporations in response to 2017 federal tax changes.
https://lao.ca.gov/Publications/Report/4135

The 2023-24 Budget: Child Care Proposals

Feb 9, 2023 - Seeking Clarification From DSS on Key Questions Regarding Child Care Expenditures. We are still seeking clarification on key questions about child care expenditures. Some of these questions may identify General Fund and federal relief funds that could be freed‑up in 2022‑23 and 2023‑24 and redirected to other legislative priorities.
https://lao.ca.gov/Publications/Report/4672

The 2021-22 Budget: Child Care Proposals

Feb 11, 2021 - The Governor ’s budget includes provisional language that would allow the administration to transfer local assistance expenditure authority (both federal fund and General Fund) between CDE and DSS during the course of the fiscal year.
https://lao.ca.gov/Publications/Report/4363

The 2022-23 Budget: State Preschool

Feb 22, 2022 - Funding is available for expenditure though December 31, 2024. Governor ’s Proposals Requires State Preschool Providers Serve Students With Disabilities. The Governor ’s budget proposes to require that at least 10  percent of children enrolled in State Preschool programs be children with disabilities.
https://lao.ca.gov/Publications/Report/4555