Projected Cola For Fiscal Year 2024-25. Building on the president’s record of fiscal responsibility, his budget reduces the deficit by $3 trillion over the next 10 years—on top of paying for new. The 2024 cola will likely be 3.2%, according to the latest and likely final estimate from the senior citizens league (tscl), a nonpartisan seniors advocacy group.
One key factor likely contributing to the low cola rate in 2024‑25 is the recent decline in energy prices. The cola rate for the budget year is based on prices.
That Percentage Is Likely To Change, But The.
In this section, we describe our estimates of california’s budget condition for the upcoming fiscal year:
One Key Factor Likely Contributing To The Low Cola Rate In 2024‑25 Is The Recent Decline In Energy Prices.
A chart of the 2024 cola figures can be found here.
Projected Cola For Fiscal Year 2024-25 Images References :
Identify Projected Transfers To Or From The General Fund To Cover Operating Deficits In Either The General Fund Or Any Other Fund For The Budget Year And Two.
We expect the state will face a serious deficit, also.
In This Section, We Describe Our Estimates Of California’s Budget Condition For The Upcoming Fiscal Year:
A chart of the 2024 cola figures can be found here.