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March 18, 2009 - Presented at a Joint Hearing of the Assembly Education Committee and Assembly Budget Subcommittee No. 2 on Education Finance
March 17, 2009 - Presented to Assembly Budget Subcommittee No. 3 on Resources
March 17, 2009 - Presented to: Senate Transportation and Housing Committee
March 17, 2009 - Presented to Assembly Health Committee
March 17, 2009 - Presented to Assembly Environmental Safety and Toxic Materials Committee and Assembly Water, Parks and Wildlife Committee
March 17, 2009 - Presented to: Senate Committee on Labor and Industrial Relations Assembly Committee on Labor and Employment
March 16, 2009 - Presented to Assembly Budget Subcommittee No. 2 on Education Finance
March 13, 2009 - Mac Taylor's press conference in which he discusses the fiscal outlook under the February 2009 budget package.
March 13, 2009 - Governor's Reorganization Plan to Consolidate Information Technology Functions
March 13, 2009 - The budget package of $42 billion in solutions adopted by the Legislature and the Governor in February was an impressive step in addressing the state’s monumental budget shortfall. The budget uses both sides of the ledger—revenue increases and spending reductions—to attack the state’s dire fiscal situation. Unfortunately, the state’s economic and revenue outlook continues to deteriorate. Even in the few weeks since the budget was signed, there have been a series of negative developments. Our updated revenue forecast projects that revenues will fall short of the assumptions in the budget package by $8 billion. Moreover, a number of the adopted solutions—revenue increases and spending reductions—are of a short–term duration. Thus, without corrective actions, the state’s huge operating shortfalls will reappear in future years—growing from $12.6 billion in 2010–11 to $26 billion in 2013–14.
March 13, 2009 - Due to the very serious nature of the state’s fiscal problems and the likelihood that the Legislature will be discussing budget issues on a more accelerated pace this year, we are departing from our traditional approach of publishing our Analysis and our Perspectives & Issues documents. Instead, we will release a series of reports aimed at addressing the 2009-10 budget situation. Most of these publications will relate to specific policy areas: Health, Social Services, Resources, Transportation, Proposition 98 Education Programs, Higher Education, Criminal Justice, and General Government. The final report in the series, The 2009-10 Budget: Perspectives and Issues, will be released on February 18th, 2009.
March 11, 2009 - Presented to: Assembly Accountability and Administrative Review Committee
March 10, 2009 - Presented to Senate Natural Resources and Water Committee.
March 10, 2009 - The recently enacted federal economic stimulus package commits a total of $787 billion nationwide. We estimate that California will receive over $31 billion in monies that can be used to address budget shortfalls and supplement existing state spending and billions more in competitive grants. The recently enacted state 2009-10 budget specifies that if the amount available to address the state's budgetary problems is less than $10 billion, then annual state program reductions of nearly $1 billion and revenue increases of about $1.8 billion will go into effect. Based on the enacted state 2009-10 budget we estimate that $8 billion would be available. Given the state’s continuing economic struggles, however, it may be possible to use additional federal education dollars for budgetary relief. We identify key issues that the Legislature should consider in making decision regarding these new federal funds, including ways to maximize their benefit to the state General Fund and to provide appropriate oversight on the use of the federal monies.