Faculty Recruiting and Retention at the University of California [Publication Details]

Dec 13, 2012 - We find that (1) UC has been hiring candidates who have received their highest degree from some of the most selective universities in the nation, (2) UC has a long history of hiring its top choice faculty candidates, (3) most new entry-level faculty stay at UC long enough to earn tenure, (4) less than 2 percent of faculty resign from UC each year, and (5) UC’s faculty compensation is competitive with other top universities.
https://lao.ca.gov/Publications/Detail/2675

Restructuring California's Adult Education System [Publication Details]

Dec 5, 2012 - Our package of recommendations includes: (1) a state-subsidized system focused on adult education's core mission; (2) common, statewide definitions that clearly differentiate between adult education and collegiate education; (3) a common set of policies for faculty and students at adult schools and community colleges; (4) a dedicated stream of funding that creates incentives for
https://lao.ca.gov/Publications/Detail/2672

Major Milestones: Over Four Decades of the State-Local Fiscal Relationship [Publication Details]

Nov 29, 2012 - Major Milestones: Over Four Decades of the State-Local Fiscal Relationship [Publication Details] Major Milestones: Over Four Decades of the State-Local Fiscal Relationship Format: PDF Description: This is an updated version of a graphic depicting the major milestones in the state-local fiscal relationship over the past 40 years.
https://lao.ca.gov/Publications/Detail/2669

Presentation: California's Fiscal Outlook [Publication Details]

Nov 15, 2012 - Presented to the California Association of School Business Officials CBO Symposium.
https://lao.ca.gov/Publications/Detail/2673

The 2013-14 Budget: California's Fiscal Outlook [Publication Details]

Nov 14, 2012 - Our economic and budgetary forecast indicates that California's leaders face a dramatically smaller budget problem in 2013-14 compared to recent years. Furthermore, assuming steady economic growth and restraint in augmenting current program funding levels, there is a strong possibility of multibillion-dollar operating surpluses within a few years.
https://lao.ca.gov/Publications/Detail/2668

Maximizing State Benefits from Public-Private Partnerships [Publication Details]

Nov 8, 2012 - Maximizing State Benefits from Public-Private Partnerships [Publication Details] Maximizing State Benefits from Public-Private Partnerships Format: HTML Description: In recent years, the state has entered into public-private partnerships (P3) to finance, design, construct, operate, and maintain two state infrastructure projects in order to achieve benefits that they might not have obtained under a more traditional procurement approach.
https://lao.ca.gov/Publications/Detail/2666

Local Government Bankruptcy in California: Questions and Answers [Publication Details]

Aug 7, 2012 - These filings—occurring just months after the City of Vallejo completed its three year Chapter 9 process—have raised questions about the use of Chapter 9 in California. In this report, we answer some of the common questions about the Chapter 9 process for California local governments such as: which local governments are allowed to file for bankruptcy protections and under what
https://lao.ca.gov/Publications/Detail/2648

Frequently asked questions concerning Facebook and California's General Fund

Aug 1, 2012 - All of the state 's Facebook revenue projections were developed prior to the IPO in May  in line with California 's standard budget calendar. As such, both  the administration and our office had to make assumptions about what would happen to Facebook 's stock price in the months following the IPO.
https://lao.ca.gov/Recommendations/Details/618

The 2012-13 Budget: Proposition 98 Maintenance Factor: An Analysis of the Governor's Treatment [Publication Details]

May 31, 2012 - These two assumptions produce unreasonable outcomes for schools and the rest of the state budget in the near term and long term. In particular, the Governor’s approach would ratchet down the Proposition 98 base in some years (including 2011-12), ratchet up the base in other years (including 2012-13), and, in some cases (including 2012-13 and
https://lao.ca.gov/Publications/Detail/2644

Near-term challenges, but opportunity to reduce future deficits substantially

May 25, 2012 - In previous years, maintenance factor payments ensured that schools received healthy funding growth in strong General Fund years. Under the Governor ’s maintenance factor treatment, at a certain point, almost all or all of each additional revenue dollar would be required to be spent on schools.
https://lao.ca.gov/Recommendations/Details/610