Project plan 365 $751/30/2024 Investments in Strategic Reliability AssetsĪPublic Utilities Commission Utilities Reimbursement Account.īIncludes $1.5 million Energy Resources Program Account and $2.6 million General Fund.ĬGeneral Fund through the California Emergency Relief Fund.ĭWR = Department of Water Resources CPUC = California Public Utilities Commission CEC = California Energy Commission IBank = California Infrastructure and Economic Development Bank DOE = Department of Energy CARB = California Air Resources Board GO‑Biz = Governor’s Office of Business and Economic Development and CSD = Department of Community Services and Development. General Fund, Unless Otherwise Noted (In Millions) (We note that the Legislature and Governor also approved legislation that provides a pathway to extend the Diablo Canyon Power Plant, which we describe in more detail later in this post.) We describe some of the key components of the energy package below. In addition to this funding, the spending plan includes various complementary policy changes related to lithium extraction and processing. This amount includes $2.9 billion in 2022-23, along with $2.3 billion scored in 2021-22. (For more on this, please see our state appropriations limit spending plan post.)įigures 1 and 2 display total funding provided for the major departments overseen by the California Natural Resources and Environmental Protection Agencies, respectively.ĪIncludes funding from contractors of the State Water Project that is continuously appropriated to the department.ī Includes state conservancies, Coastal Commission, and other departments.ĬIncludes General Fund provided through the California Emergency Relief Fund.ĪIncludes the Environmental Protection Agency, Office of Environmental Health Hazard Assessment, and general obligation bond debt service.īIncludes General Fund provided through the California Emergency Relief Fund.ĬalRecycle = California Department of Resources Recycling and Recovery.Īs shown in Figure 3, the spending plan provides $7.9 billion over five years-almost entirely from the General Fund-for new and expanded programs intended to promote electricity reliability, reduce greenhouse gases (GHGs), and provide financial relief to electricity ratepayers. As such, much of it is excluded from the state appropriations limit. Because of this timing, departments will spend these funds in 2022-23 and over the coming years.Ī significant amount of the one-time funding the budget package provides for Natural Resources and Environmental Protection departments in 2021-23 is for capital outlay projects or is appropriated in response to the declared drought emergency through the California Emergency Relief Fund (CERF). This is because the 2022-23 budget package included a significant amount of funding-roughly $5 billion, across numerous departments-that was appropriated this summer but attributed to 2021-22. From a spending perspective, however, this year-to-year comparison is somewhat misleading. As discussed below, many departments also received notable one-time funding augmentations in 2022-23, but at lower aggregate levels. This decrease is primarily due to a large amount of one-time funding-mostly from the General Fund-provided to departments within both agencies in 2021-22. This is a net decrease of $8.7 billion (27 percent) compared to 2021-22 estimated levels. The 2022-23 budget package provides a total of $23.7 billion from various fund sources-the General Fund, bond funds, and a number of special funds-for programs administered by the California Natural Resources and Environmental Protection Agencies. The 2022-23 California Spending Plan Resources and Environmental Protection
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |