Translate

Brief
May 15, 2023

The 2023-24 Budget

Initial Comments on the
Governor’s May Revision

Appendix 2: All Other Solutions



 All Tables As PDF

Appendix 2, Figure 1

General Fund Cost Shift Solutions Proposed in the 2023‑24 May Revision

General Fund (In Millions)

Description

Governor’s Budget

May Revision

2021‑22

2022‑23

2023‑24

2021‑22

2022‑23

2023‑24

Special fund loans

$850

$2,017

ZEV Package shift to GGRF

611

1,111

Climate packages—shift to bond

$12

$289

655

Active Transportation Program (Transportation Infrastructure) shift to SHA

300

300

AB 617 to GGRF

250

250

Behavioral Health Bridge Housing Program fund swap

250

Medi‑Cal Drug Rebate Special Fund Reserve sweep

222

Climate adaptation (Transportation Infrastructure) shift to SHA

200

200

SB 846 Diablo Canyon Nuclear Power Plant loan

233

168

Ports and goods movement (Supply Chain) shift to SHA

150

Various capital projectsa

$205

127

216

127

CSU student housing projectsa

311

187

112

Unencumbered funds swept from Parks fund

110

110

UC Berkeley Clean Energy Projecta

83

66

UC Riverside and UC Merced campus expansion projectsa

83

66

CalHOPE fund swap

51

UC student housing projectsa

389

18

Wildfire package shift to Proposition 98

15

15

CSU Humboldt capital projectsa

201

‑16

Various CSU capital projectsa

405

‑27

330

‑27

Unawarded General Child Care funds

588

Early reversion of unspent county funds for CalWORKs

280

Totals

$610

$2,436

$1,193

$2,009

$5,844

aShift from General Fund cash to bonds.

Note: If the original augmentation was associated with a budget package, it is indicated in parentheses.

ZEV = zero‑emission vehicle; GGRF = Greenhouse Gas Reduction Fund; and SHA = State Highway Account.

Appendix 2, Figure 2

All Other General Fund Solutions Proposed in the 2023‑24 May Revision

General Fund (In Millions)

Description

Governor’s Budget

May Revision

2021‑22

2022‑23

2023‑24

2021‑22

2022‑23

2023‑24

New Managed Care Organization tax

$317

$3,487

Safety Net Reserve Withdrawal

450

Incomplete Gift Non‑Grantor Trusts

30

30

Middle Class Tax Refund Savings

$200

Totals

$347

$200

$3,967