May 2017 Cap-and-Trade Auction Results [EconTax Blog]

May 24, 2017 - Based on the preliminary results, the state will generate $512 million in revenue from the auction. As shown in Figure 1, this amount is substantially more than what the state received from the last auction in February 2017 ($8 million), but similar to some earlier auctions ($517 million in February 2016, for example).
https://lao.ca.gov/LAOEconTax/Article/Detail/242

Proposition 98 Multiyear Forecast Under LAO Revenue Estimates [EdBudget]

May 23, 2017 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/31

LAO Multiyear State Budget Outlook [Publication Details]

May 19, 2017 - LAO Multiyear State Budget Outlook [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3675

LAO Multiyear State Budget Outlook

May 19, 2017 - LAO Multiyear State Budget Outlook The 2017-18 Budget LAO Multiyear State Budget Outlook This post presents our office ’s outlook for the condition of the state ’s General Fund through 2020-21. As is our practice, this outlook assumes the state economy will continue to grow and assumes no other changes in federal or state law and policies beyond what the Governor has proposed in the May Revision .
https://lao.ca.gov/Publications/Report/3675

The 2017-18 Budget: Overview of the Governor's May Revision Medi-Cal Budget Proposal

May 17, 2017 - Current state law calls for the transition of Patient Protection and Affordable Care Act (ACA) optional expansion NQIs from the state-only Medi-Cal program into Covered California coverage with a Medi-Cal wraparound.
https://lao.ca.gov/Publications/Report/3674

The 2017-18 Budget: Overview of the Governor's May Revision Medi-Cal Budget Proposal [Publication Details]

May 17, 2017 - We also recommend that the Legislature, should it approve the Governor’s plan to cancel the planned transition of Newly Qualified Immigrants from Medi-Cal to Covered California, consider trailer bill language that repeals existing state statutory language that calls for the transition.
https://lao.ca.gov/Publications/Detail/3674

Child Care and Preschool Budget [EdBudget]

May 16, 2017 - Specifically, reflects mid-year $15.9 million fund shift from General Child Care and CalWORKs Stage 3 into the Alternative Payment Program. b Does not include $9.2 million provided to community colleges for certain child care services. c General Child Care funding for State Preschool wraparound care shown in State Preschool–full day. d Less than $500,000. 
https://lao.ca.gov/Education/EdBudget/Details/12

The 2017-18 Budget: The Governor's May Revision In-Home Supportive Services Cost-Sharing Proposal

May 16, 2017 - Other Elements of the Proposal Adjustments to Cap on State Participation in IHSS Wages and Benefits. State participation in total IHSS county wage and benefit costs is capped at $12.10. The May Revision proposes to increase the state contribution cap to $1.10 above the state minimum wage in any given year.
https://lao.ca.gov/Publications/Report/3671

The 2017-18 Budget: The Governor's May Revision Cannabis-Related Proposals

May 16, 2017 - Figure 1 Summary of Cannabis-Related Funding and Positions in 2017-18 (Dollars in Millions) State Water Resources Control Board 6.7 State Water Resources Control Board 35.0 201.0 526.8 Governor Also Proposed Budget Trailer Legislation.
https://lao.ca.gov/Publications/Report/3672

The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal

May 16, 2017 - The state sought a court ruling validating the legality of the proposed pension obligation bond. The courts ruled against the state, concluding the proposed pension obligation bonds violated the constitutional debt limit.
https://lao.ca.gov/Publications/Report/3673