The 2020-21 Spending Plan — Other Provisions

Oct 7, 2020 - Additionally, Chapter  359 increases the fees paid by certain DCA licensees to support CURES from $6 to $11 for a two-year period —April 1, 2021 through April 2, 2023. After this period, the fee for each licensee would be $9 on an ongoing basis.
https://lao.ca.gov/Publications/Report/4277

The 2020-21 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2020 - The Governor allocates most of the surplus toward one-time purposes, including maintaining a positive year-end balance in the state’s discretionary reserve. Under the administration’s estimates, total reserves would reach $20.5 billion at the end of 2020-21—this represents a $1.7 billion increase from the 2019-20 enacted level.
https://lao.ca.gov/Publications/Detail/4135

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Most notably, the Governor provides a combined $ 900  m illion for six programs aimed at improving school employee training, recruitment, and retention. The budget also provides $ 600  m illion for two new grant programs: (1) $ 300  m illion for grants to help low ‑performing schools and districts improve their performance and (2) $ 300  m illion for
https://lao.ca.gov/Publications/Report/4135

The 2020-21 Budget: Debt Service on Infrastructure Bonds [Publication Details]

Nov 20, 2019 - This post describes the current debt service ratio in the 2019-20 fiscal year. In addition to this report, you can find the main California's Fiscal Outlook report along with a collection of other fiscal outlook material on our fiscal outlook budget page.
https://lao.ca.gov/Publications/Detail/4118

The 2020-21 Budget: Debt Service on Infrastructure Bonds

Nov 20, 2019 - In total, we estimate that the amount the state pays for debt service from the General Fund will grow from $5.7  billion in the current year to $6.4  billion in 2023 ‑24. Our projections do not include any additional debt service costs for new bonds that might be authorized by the voters or the Legislature during the forecast period, such as Proposition  13, a $15  billion general obligation bond for schools scheduled for the March  2020 election.
https://lao.ca.gov/Publications/Report/4118

The 2019-20 Budget: California Spending Plan—Other Provisions

Oct 17, 2019 - In some cases, agencies or departments are not authorized to make expenditures on the development and implementation of a project until 30 calendar days after written notification of the Legislature.
https://lao.ca.gov/Publications/Report/4101

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: 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: 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