UC Spending Proposals Under Governor's Budget and May Revision [EdBudget]

May 14, 2022 - 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 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/614

The 2022-23 Budget: UC Climate-Related Proposals

Feb 16, 2022 - State Also Is Undertaking Adaptation Activities. To help guide the state as it  prepares for impacts of climate change, the state has undertaken four climate assessments (in  2006,  2009, 2012, and 2018).
https://lao.ca.gov/Publications/Report/4538

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - In addition to state excise tax revenues, the state receives federal fuel excise tax revenue for transportation. In recent years, the state typically has received roughly $4  billion per year for this purpose.
https://lao.ca.gov/Publications/Report/4528

^[PDF] Correctional Officer Pay, Benefits, and Labor Relations

This means that an officer retiring at or after age 50 is eligible for a pension equal to 3 percent of final compensation multiplied by his or her number of years of service. Maximum pension benefits typically are 90 percent of final com- pensation.
https://lao.ca.gov/2008/stadm/ccpoa_pay_020708/ccpoa_pay_020708.pdf

^[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

CCC Capital Outlay Projects Under Governor's Budget and May Revision [EdBudget]

May 20, 2022 - b The 2017-18 Budget Act originally approved this project (at a total state cost of $15.3 million). At that time, the project scope included renovation of both the Business 300 and Humanities 500 buildings.
https://lao.ca.gov/Education/EdBudget/Details/610

Major Features of the 2003 California Budget

Most of this decline can be explained by four factors: the VLF rate increase (which reduces state subventions to backfill local governments), new federal funds , borrowing to cover the state's 2003-04 pension obligations, and the Medi-Cal accounting shift from an accrual to cash basis.
https://lao.ca.gov/2003/major_features_03-04/major_features_03-04.html

The 2022-23 Budget: Middle Class Scholarship Program

Mar 30, 2022 - Background Cal Grant Program Is State ’s Longstanding Student Financial Aid Program. In the late 1970s, the state consolidated its financial aid programs into the Cal Grant program. The California Student Aid Commission (CSAC) administers this program.
https://lao.ca.gov/Publications/Report/4581

Overview of the 2002-03 Governor's Budget

In exchange for lowering the state's retirement contributions, the administration has agreed to support legislation that increases payments to retirees to provide purchasing power protection at 80  percent instead of 75  percent of the initial pension amount effective January 1, 2005.
https://lao.ca.gov/2002/budget_overview/2002-03_bud_overview.html

Monthly Jobs Report [EconTax Blog]

Sep 20, 2022 - Preliminary reports suggest the state added 43,000 jobs in May. We interpret these figures with caution because recent reports have overstated the strength of the state's labor market in a few ways. First, recent reports have routinely overestimated job growth. Over the past 15 months, the preliminary report has been revised down by an average of 30,000 jobs each month.
https://lao.ca.gov/LAOEconTax/Article/Detail/755