Back to the Report

More publications like . . .

The 2018-19 Budget: California Achieving a Better Life Experience Board


Report

[PDF] The 2018-19 Budget: Repaying the CalPERS Borrowing Plan

April 4, 2018 - The 2017-18 budget package authorized a plan to borrow $6 billion from the Pooled Money Investment Account—an account that is essentially the state’s checking account—to make a one-time supplemental payment to the California Public Employees' Retirement System. All funds that make pension payments will repay the loan over the next decade or so. Authorizing legislation gives the administration some discretion over how funds will repay the loan, but the statute includes a variety of repayment requirements. In our view, while the basic elements of the administration’s repayment plan are reasonable, we have serious concerns about some choices the administration made. To address these concerns, in this report, we recommend a modified repayment approach that would: (1) be consistent with the authorizing legislation, (2) allocate repayment costs across funds appropriately and publicly, and (3) provide incentives to create more cost-effective outcomes.

Report

[PDF] The 2020-21 Budget: Climate Change Proposals

February 13, 2020 - This report assesses the Governor’s major 2020-21 budget proposals related to climate change. The four proposals we evaluate are the Governor's (1) cap-and-trade expenditure plan ($965 million), (2) expanded climate adaptation research and technical assistance activities ($25 million), (3) new Climate Catalyst loan fund ($250 million), and (4) climate bond ($4.75 billion).

Handout

[PDF] The 2020-21 Budget: Climate Change Proposals

February 18, 2020 - Presented to: Senate Budget and Fiscal Review Committee Hon. Holly J. Mitchell, Chair

Report

[PDF] The 2019-20 Budget: Natural Resources and Environmental Protection

February 14, 2019 - In this report, we assess several of the Governor’s budget proposals in the natural resources and environmental protection areas. Based on our review, we recommend various changes, as well as additional legislative oversight. We provide a complete listing of our recommendations at the end of this report.

Post

The 2020-21 Spending Plan — Other Provisions

October 7, 2020 - The 2020-21 Budget: California Spending Plan — Other Provisions.

Report

[PDF] Analysis of the 1995-96 Budget Bill, Business and Labor Chapter

February 22, 1995 - Analysis of the 1995-96 Budget Bill, Business and Labor Chapter

Handout

[PDF] Governor’s May Revision Plan to Expend Cannabis Tax Revenues

May 13, 2019 - Governor’s May Revision Plan to Expend Cannabis Tax Revenues

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.

Report

The 2015-16 Budget: Transportation Proposals

March 2, 2015 - In this report, we review the Governor's 2015-16 budget proposals for various transportation departments and programs, including the California Department of Transportation (Caltrans), California High-Speed Rail Authority (HSRA), California Highway Patrol, and the Department of Motor Vehicles. Based on our review, we make recommendations for legislative consideration and oversight.

Report

[PDF] Analysis of the 2003-04 Budget Bill, General Government Chapter

February 19, 2003 - Analysis of the 2003-04 Budget Bill, General Government Chapter

Report

[PDF] The 2020-21 Budget: Resources and Environmental Protection

February 25, 2020 - In this report we assess several of the Governor's 2020-21 budget proposals in the natural resources and environmental protection program areas. This includes reviews of the Governor's proposals related to the Department of Toxic Substances Control, Department of Parks and Recreation, and the Department of Fish and Wildlife.

Report

The 2020-21 Budget: California Student Aid Commission

February 27, 2020 - In this brief, we provide an overview of the Governor’s proposed budget for the California Student Aid Commission (CSAC). We then (1) assess the Governor’s Cal Grant cost estimates, (2) analyze the Governor’s proposal to fund a student loan outreach initiative, and (3) analyze the Governor’s state operations proposals for CSAC.