The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Align Expenditure Authority With Actual Spending ($9.9  Million). The budget reduces contracting authority for power plant siting activities by $4.9  million and includes a $5  million general reduction in expenditure authority to more closely align expenditure authority with actual expenditures in recent years.
https://lao.ca.gov/Publications/Report/3694/9

The 2016-17 Budget: California's Fiscal Outlook

Nov 18, 2015 - (The sales tax portion of Proposition 30 phases out over the 2016 –17 and 2017 –18 fiscal years. The amount of revenue generated by the sales tax is relatively small compared with the income tax and has a smaller effect on the minimum guarantee.)
https://lao.ca.gov/Publications/Report/3305

The 2024-25 Budget: Deficit Update

Feb 20, 2024 - For example, in the Great Recession, the programs with some of the largest expenditure reductions were in health and human services, including to Medi-Cal, which provides health coverage to low-income individuals and the California Work Opportunity and Responsibility to Kids (CalWORKs) program, which provides income assistance to low-inc ome individuals.
https://lao.ca.gov/Publications/Report/4850

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Health Reauthorizes MCO Tax and Makes Related Program Augmentations. The budget package includes trailer bill legislation (Chapter  13 of 2023 [A B  119 , Committee on Budget]) to renew a tax on health insurance plans known as the MCO tax.
https://lao.ca.gov/Publications/Report/4788

Revenues and the 2010-11 Budget [Publication Details]

May 10, 2010 - Presented at the Assembly Budget Committee hearing on Budget Options: Tax Structure and Tax Expenditures. May 11, 2010.
https://lao.ca.gov/Publications/Detail/2272

Why Aren't Revenue Esitmates More Accurate? [Publication Details]

Nov 1, 1984 - The Legislature relies heavily on these estimates in deciding at what levels to fund state programs, how much money should be "put aside" in reserves, and whether taxes should be raised or lowered. Consequently, the more accurate revenue estimates are, the more successful the Legislature can be in accomplishing its fiscal objectives--that is, selecting a combination of
https://lao.ca.gov/Publications/Detail/3099

Why Aren't Revenue Estimates More Accurate? [Publication Details]

Nov 1, 1984 - The Legislature relies heavily on these estimates in deciding at what levels to fund state programs, how much money should be 11 put aside in reserves, and whether taxes should be raised or lowered. Consequently, the more accurate revenue estimates are, the more successful the Legislature can be in accomplishing its fiscal objectives--that is, selecting a combination of
https://lao.ca.gov/Publications/Detail/3146

The 2020-21 Budget: Initial Comments on the Governor’s May Revision

May 17, 2020 - Uses Federal Funds Coronavirus Relief Fund (CRF) Provides Funding for COVID ‑19 ‑Related Expenditures. Congress recently established the CRF to provide money to state, local, tribal, and territorial governments for “necessary expenditures incurred due to the public health emergency with respect to the Coronavirus Disease 2019 ” that are incurred between March  1 and December 30, 2020.
https://lao.ca.gov/Publications/Report/4232

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Caltrans The budget plan for the California Department of Transportation (Caltrans) includes total expenditures of $12.2  billion from all fund sources, an increase of $2.6  billion (or 27  percent) from the revised 2016 ‑17 level of expenditures.
https://lao.ca.gov/Publications/Report/3694/10

The 2019-20 May Revision: Initial Comments on the Governor’s May Revision

May 12, 2019 - Expenditures Constitutionally Required Spending. The budget has two key constitutional spending formulas, which require the state to spend minimum amounts in certain areas. The first —required by Proposition  98 (1988) —is a formula for determining the minimum amount of state funding for schools and community colleges.
https://lao.ca.gov/Publications/Report/4039