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LAO: Overview of the Governor s Budget

LAO: Overview of the Governor s Budget
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The 2023-24 Budget: State Appropriations Limit Estimates

This post provides a brief summary of the administration’s state appropriations limit-related estimates under the Governor’s budget.

State appropriations limitState appropriations limit implicationsRoom acrossSpecial fundsYear netChas roomRevenues would resultMore roomAlso larger budget problemLarger budget problem

The 2023-24 Budget: Overview of the Governor s Budget

On January 10, 2023, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.

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