A History of California’s Budget Reserves

Mar 24, 2017 - The state has two budget reserves that fulfill this purpose: the Special Fund for Economic Uncertainties (SFEU) and the Budget Stabilization Account (BSA). Simply put, the SFEU is the difference between state spending and state revenues for a given fiscal year.
https://lao.ca.gov/Publications/Report/3630

The 2017-18 Budget: Local Update of Census Address Program Overview

Mar 23, 2017 - Accurate Census Count Clear State Interest. Not only do U.S. Census results affect the number of seats in the House of Representatives apportioned to each state, but the results also affect how much federal funds states receive.
https://lao.ca.gov/Publications/Report/3629

Update on Los Angeles’ Bid for the 2024 Olympics

Mar 23, 2017 - In a bid document transmitted to the IOC in October 2016 , LA 2024 stated its intent to work with the U.S. Departments of Labor, State, and Homeland Security to devise expedited immigration procedures similar to those used for the 2002 Salt Lake City Games.
https://lao.ca.gov/Publications/Report/3622

Update on Los Angeles’ Bid for the 2024 Olympics [Publication Details]

Mar 23, 2017 - We discuss the federal government's significant role in a possible Los Angeles Games and the potential role of state legislative oversight in helping keep public financial risks low, if Los Angeles is chosen over Paris to host the Games.
https://lao.ca.gov/Publications/Detail/3622

Managing Floods in California

Mar 22, 2017 - Federal and State Policies Can Influence Local Land Use Decisions. Land use decisions are made primarily by local governments. However, in some cases, they can be influenced by federal and state policies.
https://lao.ca.gov/Publications/Report/3571

Managing Floods in California [Publication Details]

Mar 22, 2017 - We conclude by highlighting some key challenges confronting the state in contemplating how best to manage floods in California. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/3571

The 2017-18 Budget: Analysis of Child Care and Preschool Proposals

Mar 16, 2017 - Many State Preschool Programs Participate in Local QRIS. The state provides $50  million for State Preschool QRIS each year, with funding allocated in 2016 ‑17 to 37 local consortia serving 49  counties.
https://lao.ca.gov/Publications/Report/3618

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians)

Mar 14, 2017 - These pay differentials increase state costs for Medicare; however, they do not affect state costs for pension or Social Security benefits. These employees ’ pay in 2019-20 would be between 17  percent and 26  percent higher than current levels.
https://lao.ca.gov/Publications/Report/3617

Savings Plus Program: An Optional Retirement Benefit for State Employees [Publication Details]

Mar 14, 2017 - Savings Plus Program: An Optional Retirement Benefit for State Employees [Publication Details] Savings Plus Program: An Optional Retirement Benefit for State Employees Format: HTML Description: This report examines the Savings Plus Program (the state's optional retirement savings plan for state employees).
https://lao.ca.gov/Publications/Detail/3616

Savings Plus Program: An Optional Retirement Benefit for State Employees

Mar 14, 2017 - To the extent that the state shifts higher pension costs onto state employees, employees likely will save less money in SPP. Certain Factors Affect Employee Retirement Security Provided by Pension. A number of factors affect how much of final salary is replaced by the state ’s defined benefit pension to retired state employees.
https://lao.ca.gov/Publications/Report/3616