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4,825 Publications Found
February 26, 2008 - In an interview on the California Channel's "California Conversations" Elizabeth Hill answers questions the state's fiscal condition and the LAO's alternative budget plan.
February 26, 2008 - Legislative Analyst's Office presentation on the proposed 2008 budget; presented to the Senate Budget and Fiscal Review Committee:
February 26, 2008 - Presented With the Fiscal Crisis & Management Assistance Team (FCMAT) broadcast, "The LAO Analysis of the Governor's Budget, 2008-09." The panel discussion itself can be viewed at http://www.lao.ca.gov/2008/webcasts/ficmat/ficmat_022508.asx
February 20, 2008 - Presented to the Senate Public Safety Committee
February 20, 2008 - Elizabeth Hill discusses highlights from our 2008-09 Analysis of the Budget Bill and Perspectives and Issues.
February 20, 2008 - Provides details of the LAO alternative budget for expenditure issues. The savings shown are relative to the Governor’s workload budget. In total, these proposals would reduce state costs by $1.8 billion in 2007‑08 and $9 billion in 2008‑09. For each proposal, we provide either (1) a rationale for our inclusion of the item in the alternative or (2) a reference to where we provide such a rationale (typically our companion publication, the Analysis of the 2008‑09 Budget Bill).
February 20, 2008 - The administration proposes to (1) limit the amount of revenues that the General Fund could receive in any year and (2) implement a system by which the administration could trigger across-the-board reductions if the state’s budget situation declined. Although the measure would help even out the state’s revenues from year to year, it would also be inflexible to legislative decision making on a year-to-year basis and would fail to prioritize state spending. Consequently, we recommend that the Legislature reject the proposed changes. We provide, instead, some alternatives it could consider which build upon the positive aspects of the Governor’s proposal.
February 20, 2008 - The Governor’s budget includes almost no new revenue-raising proposals. Given the magnitude of the budget problem, we examine the state’s existing tax structure in the same way as the spending side--with an eye towards reducing inefficient or ineffective provisions. In this section, we discuss proposals that look at the revenue side of the budget. In so doing, we have applied the same approach as with direct spending programs--that is, we have examined tax-related provisions referred to as tax expenditure programs (TEPs)--and recommended changes to those that are not achieving their stated purposes or are of a lower priority.