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The 2021-22 Budget: Hastings College of the Law

Feb 22, 2021 - Figure 2 Hastings Plans to Increase Spending and Build Reserves Hastings ’ 2021 ‑22 Budget Plan Assuming Governor ’s Proposed Funding Level (In Thousands) Proposed Increase in Core Funding $6,514 Planned Increase in Core Spending $2,887 Adjusted compensation pool (3 percent) a 895 Restoration of one ‑time salary reductions 181 Pension and health care benefits 89 Remaining Amount
https://lao.ca.gov/Publications/Report/4383

The 2021-22 Budget: California Community Colleges

Feb 16, 2021 - Alternatively, the Legislature could decide that federally funded emergency grants are sufficient in size and instead repurpose the proposed state funds for other one ‑time priorities (such as paying down additional deferrals or providing more pension relief to districts).
https://lao.ca.gov/Publications/Report/4372

The 2021-22 Budget: California Student Aid Commission

Feb 8, 2021 - Background State Provides a Limited Number of Competitive Awards. The state currently authorizes 41, 000 n ew competitive awards annually for students who do not qualify for an entitlement award. As Figure  4 shows, CSAC uses a scoring matrix to prioritize among eligible applicants.
https://lao.ca.gov/Publications/Report/4355

The 2021-22 Budget: Analysis of the Major University Proposals

Feb 1, 2021 - To Date, State Has Taken a Piecemeal Approach to Addressing Basic Needs. Over the past four years, the state has funded multiple basic needs initiatives at the universities. However, the state ’s overarching strategy for addressing students ’ root problems remains unclear.
https://lao.ca.gov/Publications/Report/4336

Update on Community College Reserves

Jan 27, 2021 - Local reserves can be especially helpful during times when the state is deferring payments, as colleges might not receive their state funding until many months after they have incurred operating costs.
https://lao.ca.gov/Publications/Report/4323

Second Round of Higher Education Federal Relief Funds

Jan 20, 2021 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/4315

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - We recommend the Legislature begin to consider how the state might address the budget ’s ongoing problem. For example, using some of the windfall to make supplemental pension payments would reduce the multiyear structural deficit.
https://lao.ca.gov/Publications/Report/4309

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

California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - (Other options for using one ‑time Proposition  98 settle ‑up funds include addressing student learning loss and reducing districts ’ unfunded pension liabilities.) Two Main Options Regarding Timing.
https://lao.ca.gov/Publications/Report/4307

An Analysis of University Reserves

Nov 10, 2020 - State law is silent even on whether the state or the universities are responsible for helping campuses respond to downturns. Moreover, state law offers no guidance on either minimum or maximum university reserve levels.
https://lao.ca.gov/Publications/Report/4295