The 2023-24 Budget: Proposition 98 Overview and K-12 Spending Plan

Feb 7, 2023 - The  state created this program in the 2021 ‑22 budget to fund educational and enrichment activities for K ‑12 students outside of normal school hours. The state currently allocates $4  billion for the program.
https://lao.ca.gov/Publications/Report/4670

The 2023-24 Budget: CalRecycle’s Zero Waste Plan Proposal

Feb 28, 2023 - The proposal indicates that the zero waste plan would recommend programmatic and statutory changes needed for the state to meet and exceed the goal established under AB 341 by 2035. As mentioned earlier, the state has not yet been able to make significant progress towards meeting the current statutory AB 341 goal.
https://lao.ca.gov/Publications/Report/4719

State Fiscal Health Index: October 2018 [EconTax Blog]

Dec 5, 2018 - Knowing when the state ’s next budget slowdown will happen is impossible. Many economic factors outside the state ’s control influence state revenues. Despite this, certain data points can help us understand whether shifting economic conditions are likely to lead to growth or declines in state revenues in the coming months.
https://lao.ca.gov/LAOEconTax/Article/Detail/333

The 2023-24 Budget: Department of Developmental Services

Feb 15, 2023 - Background State Recently Began Implementing a Major Overhaul of Service Provider Rates. For  decades, the state paid DDS service providers according to an outdated and overly complicated rate structure.
https://lao.ca.gov/Publications/Report/4683

The 2023-24 Budget: The California Department of Corrections and Rehabilitation

Feb 16, 2023 - State Centralizing Financial IT Systems Within Financial Information System for California (FI$Cal). Since 2005, the state has been in the process of replacing its aging and decentralized financia
https://lao.ca.gov/Publications/Report/4686

California's Earned Income Tax Credit (EITC) Expansion [EconTax Blog]

Jul 13, 2017 - Maximum State Credit Unchanged.  The final figure in this post (below)  provides our estimates of the maximum state EITC amount, the annual income to receive the maximum state credit, and the annual income at which the tax filer no longer qualifies for a credit.
https://lao.ca.gov/LAOEconTax/Article/Detail/249

^[PDF] The 2004-05 Budget Bill, SB 1113, as Amended

Authorizes the issuance of a pension obligation bond to pay $929 million in 2004-05 state retirement costs. Reduces 2004-05 General Fund retirement costs by $32 million through a delay in state payments for new employees.
https://lao.ca.gov/2004/floor_packet/072804_Floor_sb1113.pdf

State Fiscal Health Index: September 2018 [EconTax Blog]

Nov 5, 2018 - Knowing when the state ’s next budget slowdown will happen is impossible. Many economic factors outside the state ’s control influence state revenues. Despite this, certain data points can help us understand whether shifting economic conditions are likely to lead to growth or declines in state revenues in the coming months.
https://lao.ca.gov/LAOEconTax/Article/Detail/315

The 2023-24 Budget: Analysis of the Governor’s Major Behavioral Health Proposals

Feb 16, 2023 - Under the new IGT process, in addition to paying providers, counties also are required to submit their nonfederal share of cost to the state prior to receiving federal reimbursement. In other words, counties will be paying both the full cost of services to providers as we ll as their share of cost to the state early in the claims process.
https://lao.ca.gov/Publications/Report/4689

The 2013-14 Budget: California’s Fiscal Outlook

Assisting UC in rebuilding the funding status of its pension system is another possible priority for surplus funds. Addressing these unfunded liabilities sooner likely would save state and local funds, compared to the costs of funding them down the road.
https://lao.ca.gov/reports/2012/bud/fiscal-outlook/fiscal-outlook-2012.aspx