The 2019-20 Budget: Deferred Maintenance [Publication Details]

Feb 8, 2019 - We recommend that the Legislature require (1) departments receiving funding to report at budget hearings on the approach they will use to prioritize projects, as well as specific projects they plan to undertake; (2) the Department of Finance to report, no later than January 1, 2023, on which projects departments ultimately undertook with the funds provided; and (3) departments that continue to
https://lao.ca.gov/Publications/Detail/3929

The 2019-20 Budget: Deferred Maintenance

Feb 8, 2019 - Specifically, as shown in Figure  1 , the 2015 ‑16, 2016 ‑17, and 2018 ‑ 19 b udgets provided a total of almost $1. 3 b illon —$ 910  m illion from non ‑Proposition  98 General Fund and $ 18  m illion from the Motor Vehicle Account for projects at 25  departments, as well as $ 333  m illion in Proposition  98 General Fund that could be used for deferred maintenance projects at the community college system.
https://lao.ca.gov/Publications/Report/3929

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Separate from his proposals to pay down the CalSTRS unfunded liability, the Governor proposes providing $ 700  m illion over the next two years ($ 350  m illion per year) to provide school and community college districts immediate budget relief.
https://lao.ca.gov/Publications/Report/3916

The 2018-19 Budget: The May Revision—Deferred Maintenance

May 15, 2018 - As a result, this proposed funding is one component of the Governor ’s proposal that we think merits approval in the budget year. Require Departments to Detail Plans for Better Maintaining Facilities.
https://lao.ca.gov/Publications/Report/3841

The 2018-19 Budget: The May Revision—State Project Infrastructure Fund

May 14, 2018 - In our view, it makes sense for the state to invest in the repair and renovation of its physical assets in order to ensure that they can continue to provide services for years to come. Furthermore, the Facility Condition Assessments determined that the existing Resources Building, Bateson Building, and Unruh Building were in poor condition.
https://lao.ca.gov/Publications/Report/3840

The 2018-19 Budget: Department of General Services

Feb 20, 2018 - The 2018-19 Budget: Department of General Services The 2018-19 Budget Department of General Services The Department of General Services (DGS) provides a variety of services to state departments, such as procurement, management of state-owned and leased real estate, management of the state ’s vehicle fleet, printing, administrative hearings, legal services, development of building standards, and oversight over school construction.
https://lao.ca.gov/Publications/Report/3758

Debt Service on Infrastructure Bonds

Nov 15, 2017 - We estimate that the DSR will remain somewhat below 5  percent over the next several years. This is because we project that General Fund revenues will increase at roughly the same pace as debt-service costs over the projection period.
https://lao.ca.gov/Publications/Report/3713

Debt Service on Infrastructure Bonds [Publication Details]

Nov 15, 2017 - Debt service is a significant General Fund expenditure. In this post, we discuss how we estimate the state’s debt burden will change over the forecast period. This is part of a collection of material for The 2018-19 Budget: California’s Fiscal Outlook. See a complete list of this year's fiscal outlook material on our fiscal outlook budget page.
https://lao.ca.gov/Publications/Detail/3713

Evaluating California's Pursuit of Zero Net Energy State Buildings

Nov 14, 2017 - Under this approach, the discounted costs and benefits are estimated for each year. The discounted payback period is the number of years at which the total discounted benefits of a project surpass the total discounted costs.
https://lao.ca.gov/Publications/Report/3711

Ten Years Later: Progress Towards Expending the 2006 Bond Funds

Jan 3, 2017 - Additionally, the Legislature included a requirement in Proposition 1E that all the funds be appropriated by the Legislature within a ten-year period. Ten Years Later, Most Funds Have Been Provided to Projects, but Billions Still Unspent.
https://lao.ca.gov/Publications/Report/3519