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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.

Other

Letter to Honorable Vince Fong Regarding Potential Future Effects of Fuels in Cap-and-Trade Program

April 3, 2017 - Answers two questions regarding the potential future effects of having fuels in California’s cap-and-trade program: 1) How much would gas prices increase under different cap-and-trade allowance price scenarios included in the administration’s regulatory analysis documents? and 2) What would be the additional costs borne by consumers under these allowance price scenarios?

Other

EdBudget Tables (January 2017)

January 13, 2017 - At key times during the state's budget cycle, we post tables containing important information about the education parts of the budget. This initial January posting reflects the 2017-18 Governor's Budget proposals. The tables cover Proposition 98, K-12 education, child care and preschool, higher education, and student financial aid. We will publish additional tables as we have them available.

Other

EdBudget Tables (July 2016)

July 14, 2016 - EdBudget Tables (July 2016)

Other

What Are Alternative Schools and How Does the State Fund Them?

July 6, 2016 - What Are Alternative Schools and How Does the State Fund Them? This is one in a set of issue briefs examining important questions about education funding in California. For more, see our EdBasics page.

Other

EdBudget Tables (May 2016)

May 17, 2016 - At key times during the state’s budget cycle, we post tables containing important information about the education parts of the budget. This May posting reflects the 2016-17 May Revision proposals. The tables cover Proposition 98, K-12 education, child care and preschool, higher education, and student financial aid.

Other

Letter to Honorable Tom Lackey on Including Transportation Fuels in the Cap-and-Trade Program

April 7, 2016 - This letter to Honorable Tom Lackey, Assembly Member, 36th District, estimates the effects of including transportation fuels in California’s cap-and-trade program on: (1) the retail price of gasoline and diesel fuel and (2) the additional amount motorists are spending on gasoline and diesel fuel as a result of the program.

Other

January EdBudget Tables (2016)

January 14, 2016 - At key times during the state’s budget cycle, we post tables containing important information about the education parts of the budget. This January posting reflects the 2016-17 Governor’s Budget proposals. The tables cover Proposition 98, K-12 education, child care and preschool, higher education, and student financial aid.

Other

What Is the Adult Education Block Grant?

January 6, 2016 - What Is the Adult Education Block Grant? This is one of a series of issue briefs examining important questions about education funding in California. For more, see our EdBasics page.

Other

2015-16 State Budget Infographic

November 16, 2015 - This infographic presents information about the current state budget (2015-16) and compares the level of spending and revenues assumed in the current budget to historical levels since 1950-51. As a share of personal income—one broad measure of the size of the California economy—state spending has been relatively flat since the late 1970s. Spending on health and human services and corrections programs has generally increased over the period, while spending on higher education and transportation programs has generally decreased. Since 1950-51, the personal income tax has replaced the sales and use tax as the predominant source of General Fund revenue.

Other

What Are California’s Major School Readiness Programs?

November 1, 2015 - What Are California’s Major School Readiness Programs? This is one of a series of issue briefs examining important questions about education funding in California.

Other

Final EdBudget Tables (2015)

October 19, 2015 - At key times during the state’s budget cycle, we post tables containing important information about the education parts of the budget. Specifically, we post tables in January, May, and October. The January tables generally reflect the Governor’s Budget proposal, the May tables reflect the Governor’s May Revision, and the October tables reflect the final enacted budget. The tables currently highlighted are for the state’s enacted 2015-16 budget. The tables cover all areas of education, with tables on K-12 education, adult and workforce education, community colleges, universities, financial aid, child care and preschool.

Other

Letter to Senator Leno on State Spending

March 10, 2015 - At the January 22, 2015 hearing of the Senate Committee on Budget and Fiscal Review, the LAO was asked about the trend of state spending since the beginning of the recession. This letter provides additional information concerning that trend, as a follow up to that discussion.

Other

Infographic: California's State Budget

October 24, 2014 - This infographic presents information about the current state budget (2014-15) and compares the level of spending and revenues assumed in the current budget to historical levels since 1950-51. As a share of personal income—one broad measure of the size of the California economy—state spending has been relatively flat since the late 1970s. Spending on health and human services and corrections programs has generally increased over the period, while spending on higher education and transportation programs has generally decreased. Since 1950-51, the personal income tax has replaced the sales and use tax as the predominant source of General Fund revenue.

Other

Letter to the Honorable Henry Perea Regarding Transportation Fuels and the Cap-and-Trade Program

August 4, 2014 - This letter responds to a request concerning the effects of including transportation fuels in California's cap-and-trade program.