The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details]

Nov 17, 2021 - After accounting for various adjustments—backing out one‑time expenditures, funding a 5.35 percent cost‑of‑living adjustment, and making required reserve deposits—we estimate that $9.5 billion is available for new commitments.
https://lao.ca.gov/Publications/Detail/4473

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - Reduce Taxes on an Ongoing Basis. The first long ‑term alternative for the Legislature is to reduce taxes so that they no longer are growing faster than the limit. Under this alternative, tax revenues and associated spending could still grow, but they could not grow faster than the limit itself.
https://lao.ca.gov/Publications/Report/4583

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - From 2017 ‑ 18 t o 2019 ‑20, its estimates of baseline Medi ‑Cal expenditures (before accounting for policy changes) is $3. 8  b illion lower than we estimated in November. This difference includes a roughly $ 2  b illion downward revision to current ‑year expenditures.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: Overview of the California Spending Plan (Final Version)

Oct 17, 2019 - The spending plan reauthorizes the MCO tax —for three and one ‑half years —under a broadly similar structure as the previous tax. As with the previous MCO tax, the reauthorized tax is a tiered, per ‑member, per month tax on the Medi ‑Cal and commercial enrollment of MCOs.
https://lao.ca.gov/Publications/Report/4083

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - Assumed Expiration of the MCO Tax Reauthorization of the MCO Tax Would Generate Billions of Dollars in General Fund Savings Beginning in 2023 ‑24. The MCO tax generates annual General Fund savings in Medi ‑Cal of $1.5 billion or more for each year it is in effect.
https://lao.ca.gov/Publications/Report/4474

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - The Legislature can respond to excess revenues by (1)  lowering tax revenues, (2) splitting the excess between taxpayer rebates and one ‑time payments to school and community college districts, or (3) appropriating more money for purposes excluded from the limit.
https://lao.ca.gov/Publications/Report/4473

The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products [Publication Details]

May 12, 2019 - The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products [Publication Details] The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products Format: HTML Description: In the May Revision, the Governor has proposed two new sales tax exemptions that would go into effect on January 1, 2020 and expire on December 31, 2021: one for menstrual products and another for children’s diapers.
https://lao.ca.gov/Publications/Detail/4040

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

May 8, 2020 - Our outlook presents two potential scenarios—a somewhat optimistic “U-shaped” recession and a somewhat pessimistic “L-shaped” recession—and assumes a baseline level of expenditures. Under these two scenarios, the state would have to address an $18 billion or $31 billion budget problem.
https://lao.ca.gov/Publications/Detail/4228

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - These investments include roughly $2  billion in General Fund expenditures in 2022 ‑23 approved last year as part of the multiyear Children and Youth Behavioral Health Initiative. This initiative funds a variety of programs administered by multiple state departments intended to transform behavioral health service delivery for children and youth under age 25.
https://lao.ca.gov/Publications/Report/4616

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - What Kinds of Tax Reductions Are Prohibited? The statutory language appears to prohibit any kind of tax reduction —direct or indirect —if the state accepts all of the fiscal relief funds. (Otherwise, the federal government will reduce the state ’s share of relief funds by the amount of the tax reduction.)
https://lao.ca.gov/Publications/Report/4407