Retirement costs

May 24, 2012 - The state has traditionally provided these adjustments since it expects the universities to deliver (absent any policy changes) the same programs and services each year even if certain costs increase.
https://lao.ca.gov/Recommendations/Details/478

Revised Seismic Safety Commission funding proposal

May 23, 2012 - The commission consists of 20 commissioners who meet six times per year and is supported by seven staff members. The state General Fund supported the commission for most of its history. Beginning in 2001-02, the commission was funded through a charge on the gross receipts of insurers of com mercial and residential properties.
https://lao.ca.gov/Recommendations/Details/576

National mortgage settlement proceeds

May 22, 2012 - Consequently, we believe the full amount of the state ’s settlement is available for appropriation in the current and budget years to cover costs not contemplated by the settlement agreement. LAO Recommendation.
https://lao.ca.gov/Recommendations/Details/608

State Budget Update [Publication Details]

May 19, 2012 - Presented to California School Boards Association
https://lao.ca.gov/Publications/Detail/2639

2012-13 May Revise: Analysis of the Governor’s Proposed Changes to the Healthy Families Program

May 18, 2012 - The rate of caseload growth in HFP has declined in recent years. While the enrollment was growing at between 5 percent to 7  percent in 2006-07 through 2008-09, enrollment declined in 2009-10 and growth has remained nearly flat since then.
https://lao.ca.gov/Recommendations/Details/604

Proposal to eliminate 11,000 positions impossible for Legislature to evaluate quickly

May 18, 2012 - As a result, we recommend that the Legislatu re reject the Governor ’s proposal now and suggest that the administration may choose to submit detailed proposals in the future justifying why vacant positions should be eliminated and how this new posi tion budgeting process would work in future years.
https://lao.ca.gov/Recommendations/Details/602

Background information on LAO's May 2012 economic and revenue forecasts

May 18, 2012 - Figure 2 compares the LAO ’s key May 2012 economic forecast variables for calendar years 2012 and 2013 with those included in (1) the 2012-13 Governor’s Budget in January 2012 , (2) the LAO’s February 2012 forecast , and (3) the Governor’s May Revision of May 14, 2012 .
https://lao.ca.gov/Recommendations/Details/599

The 2012-13 Budget: Overview of the May Revision [Publication Details]

May 18, 2012 - If so, this could increase the state's Proposition 98 school funding obligations and, therefore, the size of the budget problem above administration estimates. Moreover, the administration's $1.4 billion estimate for the amount of General Fund benefit that may be achieved in 2012-13 from transferring former RDAs' liquid cash assets to school districts is highly uncertain.
https://lao.ca.gov/Publications/Detail/2635

The 2012-13 Budget: State Should Consider Less Costly Alternatives to CDCR Blueprint [Publication Details]

May 16, 2012 - We find that the state could meet its facility requirements (including those for medical and mental health treatment) and specified population cap targets at much lower ongoing General Fund costs than proposed by the administration, potentially saving the state as much as a billion dollars over the next seven years.
https://lao.ca.gov/Publications/Detail/2632

LAO commentary on Facebook IPO and state revenue forecasts

May 15, 2012 - Of the $2.1 billion over the two fiscal years,  about  $500 million would  be generated as a result of the proposed higher tax rates under the Governor 's tax initiative, and $1.6 billion would be generated under current law.  
https://lao.ca.gov/Recommendations/Details/596