Translate

State Budget Condition Publications

To browse all LAO publications, visit our Publications page.


 




Report

Highlights of the 2002-03 Analysis and P & I

February 20, 2002 - Highlights of our examination of the 2002-03 Governor's Budget.

Report

Analysis of the 2002-03 Budget Bill

February 20, 2002 - Our annual detailed examination of the Budget Bill based on the Governor's Budget. It includes hundreds of findings and recommendations related to education, health and social services, criminal justice, transportation, resources, capital outlay, information technology, and local government.

Report

Overview of the 2002-03 Governor's Budget

January 15, 2002 - The 2002-03 Governor's Budget offers a plan for addressing the state's $12-plus billion budgetary shortfall. While "on paper" the plan appears to work, many of its assumptions are overly optimistic, it relies largely on one-time solutions, and it results in substantial long- term out-year costs. Moreover, the plan does not resolve the state's budgetary imbalance in subsequent years.

Report

Addressing the State's Fiscal Problem

December 19, 2001 - Due to weak economic and revenue performance, California faces a $12.4 billion budget shortfall in 2002-03. We identify several key budget-balancing principles and strategies and identify specific spending and revenue options for implementing these strategies. Finally, we review the administration's initial proposals to address the current-year shortfall and offer additional current-year options for the Legislature to consider.

Report

California's Fiscal Outlook: LAO Projections, 2001-02 Through 2006-07

November 14, 2001 - California will end 2001-02 with a deficit of $4.5 billion, while the 2002-03 budget year faces a shortfall of $12.4 billion and potentially even more if the recovery we are assuming for next spring is delayed. Annual budget shortfalls will persist well beyond 2002-03 absent corrective actions. Thus substantial ongoing expenditure cuts and/or revenue augmentations are required to bring the budget back into balance.

Report

California Spending Plan 2001-02: The Budget Act and Related Legislation

September 24, 2001 - The 2001-02 Budget Act was signed into law by Governor Davis on July 26, 2001. Together with its related implementing legislation, the budget authorizes total spending from all funds of $103.3 billion. This report details the contents of this measure.

Report

Supplemental Report of the 2001 Budget Act: 2001-02 Fiscal Year

July 30, 2001 - Statements of intent or requests for studies adopted by the Legislature as a supplement to the 2001 Budget Act.

Report

Major Features of the 2001 California Budget

July 27, 2001 - On July 26, 2001, the Governor signed the 2001-02 Budget Act. In this report we highlight the major features of the budget package.

Handout

2001-02 Budget Bill Conference Committee Version

June 26, 2001 - A summary of the Budget Bill as adopted by the Conference Committee.

Handout

2001-02 Budget Conference Committee Overview

June 3, 2001 - Handout presented to the 2001-02 Conference Committee on the Budget. Compares key features of the budgets adopted by the two houses and outlines key considerations for the committee.

Handout

The 2001-02 Senate Budget Bill--SB 75 (Peace)--As Adopted by the Budget and Fiscal Review Committee

May 29, 2001 - A summary of the Senate Budget Bill as adopted by the Budget and Fiscal Review Committee.

Handout

The 2001-02 Assembly Budget Bill AB 95 (Cardenas) As Adopted by the Budget Committee

May 25, 2001 - A summary of the Assembly Budget Bill as adopted by the Budget Committee.

Report

Overview of the 2001-02 May Revision

May 16, 2001 - The May Revision reports a $5.7 billion deterioration in the state's fiscal condition. This assumes that the General Fund will be reimbursed from revenue bonds for the $7 billion plus it has committed for purchasing electricity. While the Governor's plan would result in a balanced budget in 2001-02, we estimate that the state would likely face a further shortfall of roughly $4 billion in 2002-03.

Letter

Letter on the General Fund's Projected Condition

May 9, 2001 - We estimate that General Fund revenues will be $3.4 billion less than estimated by the Governor for the current and budget years combined. In addition, we discuss the amount of one-time and ongoing spending reductions that would be needed to keep the budget in balance and the fiscal implications of funding Proposition 98 under our updated estimates.

Presentation

Fiscal Perspective

February 26, 2001 - Graphical slide presentation providing an overview of our Analysis of the 2001-02 Budget Bill.

State Budget Condition Staff

Ann Hollingshead
(916) 319-8305
State Budget and Federal Funding
 
Carolyn Chu
(916) 319-8326
Chief Deputy Legislative Analyst