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Handout

Overview of Student Loans

August 29, 2017 - Presented to: Select Committee on Youth and California’s Future and Assembly Committee on Banking and Finance

Handout

2017-18 Cap-and-Trade Expenditure Plan

August 24, 2017 - Presented to Senate Budget and Fiscal Review, Subcommittee No. 2

Handout

2017-18 Cap-and-Trade Expenditure Plan

August 23, 2017 - Presented to Assembly Budget Subcommittee No. 3 on Resources and Transportation

Handout

Proposition 57 Regulations

August 22, 2017 - Presented to: Senate Public Safety Committee and Assembly Public Safety Committee

Report

Supplemental Report of the 2017-18 Budget Act

July 19, 2017 - Statements of legislative intent and requests for studies adopted during deliberations on the 2017-18 budget package.

Correction 7/31/17: Removed 3100-301-0001 California Science Center – ADA elevator.

Correction 7/31/17: Title of item 1701-001-0067 changed to “Broker-Dealer Investment Advisor Program.”

Report

July 2017 Update: Los Angeles’ Bid for the Olympics and Paralympics

July 6, 2017 - Los Angeles' prospects for hosting an Olympic and Paralympic Games are strong, according to widespread reports. The California Legislature has provided a $250 million backup guarantee for shortfalls of the 2024 Games, but Los Angeles' bid for 2024 is fairly low risk and it is hoped that no state guarantee funds will ever have to be paid out. As the possible due date for the Governor's execution of a guarantee contract with Games organizers approaches, our office continues to recommend a strong legislative oversight role to help Games organizers deliver a low-cost and successful event. This update focuses on (1) yesterday's report from a key Olympic commission evaluating the 2024 bids of Los Angeles and Paris and (2) the widely reported possibility that Los Angeles or Paris will be offered the chance to host the Games in 2028 instead of 2024.

Other

Letter to Honorable Cristina Garcia Regarding Oversupply of Allowances in the Cap-and-Trade Program

June 26, 2017 -

Provides various analyses related to an oversupply of allowances in the state's cap-and-trade program. Specifically, the letter:

  • Estimates the range of the cumulative allowance oversupply in the cap-and-trade program through 2020.
  • Assesses the impact of allowing this oversupply to carry over into a post-2020 program on (1) future greenhouse gas (GHG) emissions and (2) near- and long-term allowance prices.
  • Assesses the impact of alternative approaches to addressing the oversupply of allowances and the connection between the current program and a post-2020 program.

Report

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

June 20, 2017 - In the coming years, more and more aging homeowners likely will look to sell their homes. This surge in sales should boost local government property tax collections. These potential property tax gains are likely to be offset by an increase in the transfer of homes from parents to children which, unlike most home sales, does not trigger higher tax payments.

Handout

Overview of California Climate Goals and Policies

June 14, 2017 - Presented to Joint Committee on Climate Change Policies

Report

Overview of the 2017 Transportation Funding Package

June 8, 2017 - In April 2017, the Legislature enacted Chapter 5 (SB 1, Beall), also known as the Road Repair and Accountability Act. The administration estimates this legislation will increase state revenues for California’s transportation system by an average of $5.2 billion annually over the next decade. In this report, we (1) provide a brief background on the state’s transportation system, (2) describe the major features of the transportation funding package contained in the legislation, and (3) discuss issues for the Legislature to consider moving forward.

Handout

Health and Human Services Agenda Item 4260-101-3305—Proposition 56 Medi-Cal Spending

June 7, 2017 - Presented to Budget Conference Committee

Handout

Options for Reforming the State Board of Equalization

June 7, 2017 - Presented to: Assembly Budget Subcommittee No. 6 On Budget Process, Oversight, and Program Evaluation

Handout

Item 7900 CalPERS Supplemental Payment, Issue 34

June 2, 2017 - Presented to: Budget Conference Committee