Category: Budget

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Budget, Reports | May 29, 2020

LAO Issues Report on Medi-Cal Caseload Figures, Estimates Administration Overstates General Fund Costs

The Legislative Analyst’s Office (LAO) recently issued a report detailing Medi-Cal caseload and cost changes included in the Governor’s FY 2020-21 May Revision. In its report, the LAO assesses the Newsom Administration’s caseload projections, determining that the Administration’s caseload figures are on track with the LAO’s Spring Fiscal Outlook. However, the LAO finds the Administration’s…

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Budget, COVID-19 | May 22, 2020

DOF Notifies Legislature of $1.8 Billion Transfer to Support COVID-19 Response

Late Thursday, the Department of Finance (DOF) notified Senate and Assembly budget and appropriations committee chairs of the Newsom Administration’s intent to transfer $1.831 billion to the Disaster Response-Emergency Operations Account (DREOA) to support the state’s ongoing response efforts to COVID-19 through the end of the fiscal year on June 30, 2020. DOF details allocations…

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Budget, COVID-19, Federal | May 22, 2020

Budget Subcommittees Convene to Hear Governor’s FY 2020-21 May Revision

Following the release of Governor Gavin Newsom’s FY 2020-21 May Revision Budget last week, Senate and Assembly budget subcommittees convened several hearings this week to assess the Newsom Administration’s proposals and to provide stakeholders and the public an extended amount of time to weigh in on May Revision proposals. Given the abbreviated budget timeline due…

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Budget | May 15, 2020

Governor Newsom Releases FY 2020-21 May Revision, Projects $54.3 Billion Budget Shortfall

On Thursday, Governor Gavin Newsom released his FY 2020-21 May Revision budget, reflecting drastically different economic and fiscal conditions from when he unveiled his original budget proposal in early January. Notably, the Newsom Administration projects a $54.3 billion budget deficit, requiring the Administration to draw down a series of reserve funds, withdraw previously proposed investments,…

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Budget, COVID-19 | May 15, 2020

DOF Notifies Legislature of COVID-19 Emergency Fund Augmentations for Contact Tracing, Child Care PPE, Correctional Institutions

Late last week, the Department of Finance (DOF) notified the chairs of the Senate and Assembly Budget and Appropriations Committees of its intent to increase emergency fund expenditures in response to COVID-19. Recall, the Legislature appropriated up to $1 billion in emergency funds to the Newsom Administration in mid-March just prior to taking its unprecedented…

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Budget, COVID-19, Legislative Updates | May 8, 2020

Legislature Holds Two COVID-19 Pandemic Informational Hearings

This week, the Assembly Budget Subcommittee No. 1 on Health and Human Services and the Senate Special Committee on Pandemic Emergency Response each held informational hearings on the ongoing COVID-19 pandemic. Below, we detail these hearings: Assembly Sub. 1 Examines Health Care Workforce, Safety Net Programs On Monday, the Assembly Budget Subcommittee No. 1 convened…

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Budget, COVID-19 | May 1, 2020

Assembly Holds Informational Hearing on COVID-19 Economic Recovery

On Monday, the Assembly Budget Subcommittee No. 6 on Budget Process, Oversight, and Program Evaluation held its second COVID-19-related hearing to explore recovery efforts and economic stimulus activities. In beginning the hearing, Subcommittee Chair Assembly Member Phil Ting discussed the ongoing and anticipated fiscal implications of COVID-19, including that the state is unable to deficit…

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Budget, COVID-19 | May 1, 2020

DOF Orders Current Year Expenditure Reductions Among All State Agencies and Departments

On Thursday, the Department of Finance (DOF) issued a two-page budget letter directing all state agencies and departments to immediately undertake specified actions to reduce current year expenditures amid the ongoing COVID-19 pandemic. Pointing to the significant economic impact from COVID-19, DOF indicates that revenue decreases and cost increases are expected to last for several…

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Budget, COVID-19 | April 24, 2020

Assembly Convenes Budget Oversight Hearing on COVID-19 Response

On Monday, the Assembly Budget Subcommittee No. 6 on Budget Process, Oversight, and Program Evaluation convened an oversight hearing regarding the Newsom Administration’s ongoing COVID-19 response activities. Monday’s hearing had approximately 11 Assembly Members in attendance with members physically distanced and panelists participating via videoconferencing. Budget Subcommittee No. 6 Chair Assembly Member Phil Ting opened…

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