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California's Fiscal Outlook: LAO Projections 2005-06 Through 1010-11

Retirement The 2005-06 Budget Act anticipates issuance of pension obligation bonds to achieve $525  million in General Fund savings for the Public Employees ’ Retirement System (PERS). Other retirement-related expenses include health and dental insurance premiums for retired state employees and contributions to the State Teachers ’ Retirement System (STRS) and the Judges ’ Retirement System.
https://lao.ca.gov/2005/fiscal_outlook/fiscal_outlook_05.htm

Medi-Cal Rx program and revenues from federal drug price discounts. [Ballot]

Oct 19, 2023 - This result could have fiscal implications for state tax proceeds, Medi-Cal, or other state and local government programs. The impact would depend on many factors, including which entities lose their state tax-exempt status and licenses.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-021

Property taxes. [Ballot]

Aug 4, 2023 - Proposal The measure amends the State Constitution to expand the special rules for inherited property. Beginning January 1, 2025, the measure reverses most of the major changes made by Prop osition  19.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-005

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - Although the benefits are federally funded, related administrative costs are split between the federal, state, and county governments. State administrative funding provided to counties generally increases or decreases with projected caseload changes but does not automatically increase alongside changes in actual administrative costs.
https://lao.ca.gov/Publications/Report/4812/3

[PDF] Fiscal Outlook Lao Projection 2004-05 Through 2009-10

These savings include the use of deficit-financing bond proceeds to support General Fund programs, the assumed use of pension obligation bond proceeds to cover a portion of the state’s retirement contributions, the deferral of mandate payments to localities, a defer- ral of Proposition 42 transportation payments, and a delay in cost-of-living adjustments (COLAs) for CalWORKs and SSI/SSP recipients.
https://lao.ca.gov/2004/fiscal_outlook/fiscal_outlook_04.pdf

Personal finance education. [Ballot]

Oct 25, 2023 - This minimum requirement changes over time based on changes in state revenues, or the econom y and the number of students attending school. The state meets the minimum requirement by providing schools with funding from local property tax revenue and state tax revenue.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-022

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - During the COVID ‑19 pandemic, the federal government allowed states to temporarily waive family fees in child care programs. The state waived family fees in both the child care and State Preschool programs, with the fees scheduled to return July 1, 2023.
https://lao.ca.gov/Publications/Report/4788

The 2023-24 California Spending Plan: Proposition 98 and K-12 Education [Publication Details]

Nov 28, 2023 - This post summarizes overall Proposition 98 funding and K-12 education spending in the 2023-24 budget package. It is part of our Spending Plan series, which contains posts focused on each major sector of the state budget.
https://lao.ca.gov/Publications/Detail/4818

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - The spending plan also includes an additional $1.25  million General Fund in 2023-24 and ongoing for new CalSAWS-related state operations costs at the Department of Health Care Services and Department of Social Services.
https://lao.ca.gov/Publications/Report/4812/5

The 2023-24 California Spending Plan: Health

Oct 23, 2023 - Department of State Hospitals Overview. Under the spending plan, General Fund spending for the Department of State Hospitals (DSH) will be $3.3  billion in 2023-24, an increase of $443  million, or about 16  percent, from the revised 2022-23 expenditure estimate.
https://lao.ca.gov/Publications/Report/4810