California Legislative Analyst’s Office (LAO) – Page 2

California Budget Deficit Climbs To $68 Billion

December 7, 2023 7:51 pmDecember 7, 2023 7:51 pm

The Legislative Analyst’s Office (LAO) announced on Thursday that the state budget deficit now stands at $68 billion for the 2024-2025 fiscal year, $10 billion higher than initial projections showed earlier this month. California’s state budget has fluctuated wildly in...

Legislative Analyst Reports: California Facing $58 Billion Budget Deficit Over Next Few Years

December 1, 2023 10:39 pmDecember 1, 2023 10:39 pm

According to a new report released by the Legislative Analyst’s Office (LAO) on Friday, California will likely face a budget deficit of $58 billion over the next few years, with massive spending cuts likely to come because of less than...

California Per Capita Spending Doubles – Where Is It Going?

February 3, 2023 9:22 amFebruary 6, 2023 6:33 am

California’s state government is spending twice as much as it did a decade ago, and by every metric that matters to ordinary Californians, things have only gotten worse. Even without further analysis, this is an incredible fact. California’s state government,...