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Our annual Fiscal Outlook publication gives our office’s independent assessment of the California state budget condition for the upcoming fiscal year and over the longer term. In this report, we anticipate the state will have a $31 billion surplus to allocate in the upcoming fiscal year and operating surpluses ranging from $3 billion to $8 billion over the multiyear period. We also find the state will need to allocate about $14 billion to meet the constitutional requirements of the State Appropriation's Limit (SAL) across 2020-21 and 2021-22.

United statesUniversity of californiaArts councilDepartment of community servicesCommunity college budgetDepartment of developmental servicescMajor healthFund condition under fiscal outlookLower breakeven point for schoolCommunity collegesFund spending grows over the periodBlue chip economic indicatorsDepartment of state hospitalsHuman servicesFund savings of billions dollarsHuman services programs