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Biannual Report on Truck Deliveries

December 1, 2021 - Chapter 226 of 2019 (AB 321, Patterson) created a sales and use tax exemption for certain truck deliveries. The law also directs our office to submit a biannual report measuring the number of truck deliveries affected by the new exemption. This post describes our attempts to fulfill this requirement.

Hearing Handout

Attendance-Based Funding for Schools

November 30, 2021 - Assembly Committee on Education and Assembly Budget Subcommittee No. 2 on Education Finance

Hearing Handout

Overview of Recent State and Federal Funding for Schools

November 30, 2021 - Assembly Committee on Education and Assembly Budget Subcommittee No.2 on Education Finance

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The 2021-22 Spending Plan: Human Services

November 22, 2021 - The 2021‑22 spending plan provides just over $23 billion from the General Fund for human services programs. This is an increase of over $6 billion, or 37 percent, compared to the revised prior-year spending level. This significant increase is primarily the result of higher spending in several different departments and programs.

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Update on the Progress of the CalSTRS Funding Plan

November 18, 2021 - This post provides an update on the progress of the California State Teachers’ Retirement System (CalSTRS) funding plan. The post: (1) describes the changes to unfunded actuarial obligation and contribution rates in 2021-22, based on the most recent actuarial valuation; (2) describes the potential effects of the 2020-21 investment returns; and (3) revisits the recommendations we raised in our March 2021 publication, Strengthening the CalSTRS Funding Plan, using the extreme volatility in investment returns to illustrate how those recommendations would strengthen CalSTRS’ ability to successfully pay down unfunded actuarial obligation—both the state’s share and employers’ share—by 2046.

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The 2022-23 Budget: Medi-Cal Fiscal Outlook

November 17, 2021 - This post describes our fiscal outlook for Medi‑Cal, the major factors that we expect to drive changes in General Fund spending in Medi Cal, and a number of our key underlying assumptions. (Specifically, this post concerns projections of Medi‑Cal local assistance spending within the Department of Health Care Services [DHCS].)

Report

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

November 17, 2021 - Each year, the state calculates a “minimum guarantee” for school and community college funding based upon a set of formulas established by Proposition 98 (1988). Based upon revenue projections that are significantly above the June 2021 estimates, we estimate the guarantee in 2022‑23 is $11.6 billion (12.4 percent) above the 2021‑22 enacted budget level. After accounting for various adjustments—backing out one‑time expenditures, funding a 5.35 percent cost‑of‑living adjustment, and making required reserve deposits—we estimate that $9.5 billion is available for new commitments. In addition, we estimate that $10.2 billion in one‑time funding is available due to increases in the guarantee in 2020‑21 and 2021‑22. In total, we estimate nearly $20 billion is available to allocate in the upcoming budget cycle. To help the Legislature prepare to allocate this funding, we outline several options that would build upon existing programs, expand services in targeted ways, and address future costs and uncertainties.

Report

The 2022-23 Budget: California’s Fiscal Outlook

November 17, 2021 - 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.

Report

Enhancing Federal Financial Participation for Consumers Served by the Department of Developmental Services

November 9, 2021 - Examines Medi-Cal enrollment of Department of Developmental Services (DDS) consumers and the fiscal effect that additional Medi-Cal enrollment would have on the DDS budget and on state costs overall.

Correction 11/19/21: Corrected average annual per person fee-for-service cost in Medi-Cal.

Hearing Handout

Overview of Student Housing

November 8, 2021 - Assembly Budget Subcommittee No. 2 on Education Finance

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The 2021-22 California Spending Plan: Home- and Community-Based Services Spending Plan

November 1, 2021 - This post summarizes the state’s 2021-22 spending package for Home- and Community-Based Services. It is part of our Spending Plan series, which contains posts focused on each major sector of the state budget.

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The 2021-22 Spending Plan: Housing and Homelessness

October 29, 2021 - The 2021‑22 budget provides $10.7 billion ($5 billion General Fund) to 50 housing and homelessness-related programs across 15 state entities. Some of the major uses of housing and homelessness funding in the state budget support the Homekey Program’s acquisition of properties for use as permanent housing, provide flexible aid to local governments to address homelessness in their communities, provide funding to address the backlog in affordable housing development, and help local governments plan to meet their housing production goals. The budget also provides funding in other areas of the budget that could be used to address homelessness and/or housing affordability, including, the health, human services, veteran services, courts, transportation, higher education, and labor areas of the state budget.

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The 2021-22 Spending Plan: Broadband Infrastructure

October 27, 2021 - As part of the 2021‑22 spending plan, the administration and the Legislature agreed to spend $6 billion ($1.7 billion General Fund) over three fiscal years (starting in 2021‑22) on broadband infrastructure. Of the $6 billion, $4.372 billion is appropriated in 2021‑22—$4.322 billion in federal American Rescue Plan (ARP) fiscal relief funds and $50 million General Fund. This post details the key actions and events that preceded the 2021‑22 budget agreement, outlines the agreement (including a breakdown of the 2021‑22 appropriations), and describes key components of accompanying changes in state law—Chapter 112 of 2021 (SB 156, Committee on Budget and Fiscal Review). We note that while the administration and the Legislature are considering other broadband-related changes through administrative action and the legislative policy process, this post focuses on broadband infrastructure funding in the spending plan.

Report

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

October 27, 2021 - Each year, our office publishes the California Spending Plan to summarize the annual state budget. This publication provides an overview of the 2021-22 Budget Act, then highlights major features of the budget approved by the Legislature and signed by the Governor.

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The 2021-22 Spending Plan: Proposition 98 and K-12 Education

October 25, 2021 - This post summarizes overall Proposition 98 funding and K-12 education spending in the 2021-22 budget package. It is part of our Spending Plan series, which contains posts focused on each major sector of the state budget.