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Unclear value of Governor's hybrid plan study proposal. Inappropriate for CalPERS to lead effort.

May 20, 2011 - CalPERS is California 's largest public pension system, but there are dozens of others too: for teachers, for University of California employees, county and city systems for other public employees, and others.
https://lao.ca.gov/Recommendations/Details/430

The 2011-12 Budget: Overview of the May Revision [Publication Details]

May 19, 2011 - On the other hand, the Legislature has other options to address the reduced budget shortfall, including adoption of alternative tax proposals, additional program reductions, and selected fund transfers and internal borrowing.
https://lao.ca.gov/Publications/Detail/2482

Basic aid districts

May 16, 2011 - Local property taxes and fees are retained by the distric ts that collect this funding. The General Fund provides the additional funding needed to meet each district ’s apportionment target. In a few districts, however, local property tax and fee revenues alone exceed the districts ’ annual apportionment obligation.
https://lao.ca.gov/Recommendations/Details/412

An Analysis of Court School Cost Pressures [Publication Details]

May 10, 2011 - An Analysis of Court School Cost Pressures [Publication Details] An Analysis of Court School Cost Pressures Format: PDF Description: In 2010-11, several County Offices of Education (COEs) reported difficulties balancing their court school budgets.
https://lao.ca.gov/Publications/Detail/2480

April state sales taxes $302 million above projections...gain may be temporary

May 5, 2011 - April state sales taxes $302 million above projections...gain may be temporary April state sales taxes $302 million above projections...gain may be temporary Program: Revenue Finding or Recommendation: Provides update on April 2011 sales and use tax collections, as well as overall "Big Three" state tax revenue collections for the fiscal year to date.
https://lao.ca.gov/Recommendations/Details/411

April income tax payments $237 million above projections, per FTB preliminary tally

May 4, 2011 - April income tax payments $237 million above projections, per FTB preliminary tally April income tax payments $237 million above projections, per FTB preliminary tally Program: Revenue Finding or Recommendation: Provides description of Franchise Tax Board's preliminary tally of April 2011 personal income tax and corporation tax payments to the state.
https://lao.ca.gov/Recommendations/Details/410

Weak final collection day--April income taxes likely $250 million above projection

Apr 29, 2011 - (Collectively, the PIT and CT are the state's "income taxes.") This will be our final update prior to the Franchise Tax Board's (FTB) release of its preliminary April income tax collection tally a few days from now. 
https://lao.ca.gov/Recommendations/Details/408

April income tax collections on track to be $300 million above projections

Apr 28, 2011 - California appears poised to collect about $300 million more in personal and corporate income taxes (collectively, "income taxes ")  than projected during the month of April 2011. (This does not reflect results for sales and use taxes or other revenues during the month.)
https://lao.ca.gov/Recommendations/Details/407

Salton Sea Restoration Funding (Reappropriations and Reimbursement Expenditure Authority)

Apr 27, 2011 - In December 2009, a Sacramento County Superior Court judge invalidated the QSA because it was predicated on the Legislature ’s statutory promise to fund all but $133 million of the restoration efforts--a promise that the court said could not  be made constitutionally by the Legislature.
https://lao.ca.gov/Recommendations/Details/399

Reappropriations of Propositions 40 and 84 bond funds

Apr 20, 2011 - In response to the Legislature ’s denial without prejudice of the remaining  $25 million reappropriation request for NCCP activities,  WCB has completed an action plan that indicates WCB ’s intention to spend $27.5 million on NCCP in  2011-12,  including the number of acres to be acquired in specific counties, and the number of NCCPs that these expenditures will support.  
https://lao.ca.gov/Recommendations/Details/277