California Community Colleges—Managing Cash in a Time of State Payment Deferrals [Publication Details]

Dec 18, 2020 - California Community Colleges—Managing Cash in a Time of State Payment Deferrals [Publication Details] California Community Colleges—Managing Cash in a Time of State Payment Deferrals Format: HTML Description: To help address the state’s large budget deficit as estimated in June 2020, the 2020-21 budget package deferred a substantial amount of General Fund payments to schools and the California Community Colleges (CCC).
https://lao.ca.gov/Publications/Detail/4307

An Analysis of University Reserves

Nov 10, 2020 - For example, it had seven months of total housing reserves (of which  one month was uncommitted) and 25 months of total parking reserves (of which  five months were uncommitted). At UC, total reserves adjusted for expenditures at the end of 2018-19 were similarly higher for medical centers and its other noncore programs than for its core operating fund.
https://lao.ca.gov/Publications/Report/4295

An Analysis of University Reserves [Publication Details]

Nov 10, 2020 - Importantly, though the state viewed the universities’ reserves as a budget tool for mitigating funding reductions this year, state law is silent on the level of reserves CSU and UC are to carry, the purposes of those reserves, and the interaction of those reserves with the state’s reserves.
https://lao.ca.gov/Publications/Detail/4295

An Analysis of University Cash Management Issues [Publication Details]

Nov 10, 2020 - Given these developments, monitoring the universities’ fiscal condition over the coming years will be especially important for the Legislature. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/4293

An Analysis of University Cash Management Issues

Nov 10, 2020 - Campuses will repay the bonds from their operating budgets over ten years. For the first five years, UC will only make interest payments, thereby delaying the largest debt service costs to later years.
https://lao.ca.gov/Publications/Report/4293

The 2020-21 Spending Plan: Higher Education

Oct 16, 2020 - Repurposes Prior Pension Payment to Reduce District Costs Over the Next Two Years. The 2019 ‑20 budget plan included $3.2 billion non-Proposition 98 General Fund for certain pension payments the state was scheduled to make on behalf of schools and colleges.
https://lao.ca.gov/Publications/Report/4284

The 2020-21 Budget: Immigrant Legal Services at the Public Higher Education Segments

May 21, 2020 - This is because UC has its own center —the UC Immigrant Legal Services Center (operating out of the UC Davis law school) —that provides immigrant legal services to students at nine of UC ’s ten campuses.
https://lao.ca.gov/Publications/Report/4239

Overview of Federal COVID-19 Research Funding

May 13, 2020 - According to the Internal Revenue Service, in tax year 2014, the most recent year with publicly available data, corporations claimed a total of $12.6  billion in federal tax credits for their R &D activities.)
https://lao.ca.gov/Publications/Report/4230

An Overview of Federal Higher Education Relief

Apr 28, 2020 - Specifically, 75  percent is allocated based on the number of full-time equivalent undergraduate students receiving Pell Grants and 25  percent is allocated based on the number of full-time equivalent undergraduate and graduate students not receiving Pell Grants.
https://lao.ca.gov/Publications/Report/4225

The 2020-21 Budget: Hastings College of the Law

Mar 13, 2020 - In recent years, the school has kept staffing levels steady regardless of changes to enrollment. Thus, in years when enrollment has grown, the school has received more tuition revenue to cover its operating costs.
https://lao.ca.gov/Publications/Report/4201