California's Fiscal Outlook: LAO Projections 2000-01 Through 2005-06 [Publication Details]

Nov 15, 2000 - In 2001-02, assuming current-law spending and tax policies, we forecast that revenues would exceed expenditures by $3.4 billion, bringing the cumulative reserve to $10.3 billion. We suggest that the $6.9 billion reserve carried into the budget year from 2000-01 be used primarily for one-time purposes; the $3.4 billion annual operating surplus would be available for ongoing purposes.
https://lao.ca.gov/Publications/Detail/739

LAO Multiyear State Budget Outlook

May 19, 2017 - The differences in these outlooks are nearly entirely driven by different assumptions about how much revenue, in particular from the personal income tax (PIT), that state will collect over the next few years.
https://lao.ca.gov/Publications/Report/3675

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 2016-17 Budget: Initial Comments on the Governor’s May Revision

May 15, 2016 - In 2016-17, the agreement will increase state expenditures by more than $200 million General Fund. These increased, ongoing annual costs will exceed $500 million by 2018-19. Governor’s Key Choices Governor Allocates About $6.1 Billion in Discretionary Resources.
https://lao.ca.gov/Publications/Report/3460

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

Fiscal Outlook: Medi-Cal

Nov 14, 2018 - In 2018-19, revenues from the MCO tax will offset almost $1.9  billion in General Fund expenditures. Under state law, the MCO tax expires at the end of 2018-19. (In its statutory authorization, the MCO tax was tied to a 7  percent service-hour restoration in In-Home Supportive Services (IHSS), at a General Fund cost of roughly $300  million in 2017-18.
https://lao.ca.gov/Publications/Report/3898

Budget, Taxes, and Spending [Publication Details]

May 5, 2000 - Budget, Taxes, and Spending [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/721

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - The above augmentations are partially offset by a $34  million reduction in General Fund support for trial court operations in 2016 –17 in order to reflect the availability of property tax revenue in accordance with Control Section 15.45 and Section 2578 of the Education Code.
https://lao.ca.gov/Publications/Report/3487/10

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - This is a decrease of about $5.1  billion (36  percent) compared to 2015 –16 estimated expenditures. Most of the reduction in spending is related to estimated bond expenditures, such as expenditures from the 2014 water bond (Proposition  1).
https://lao.ca.gov/Publications/Report/3487/8