School District Financial Condition [Publication Details]

Feb 24, 2005 - School District Financial Condition [Publication Details] HTML Description: Some school districts face huge fiscal liabilities to pay for retiree health benefits. It will be difficult for districts to deal with these obligations without a long-term strategy.
https://lao.ca.gov/Publications/Detail/1276

Proposition 99: Too Many Programs, Too Few Dollars [Publication Details]

Feb 24, 2005 - We recommend the Legislature approve the Governor’s budget proposal for Proposition 99-funded programs, which shifts allocations of tobacco tax revenues to maximize resources for health programs and achieve General Fund savings. We further recommend that the Legislature begin this year to address the long-term issues posed by the present structure of Proposition 99.
https://lao.ca.gov/Publications/Detail/1286

Perspectives on the Economy and Demographics 2005-06 [Publication Details]

Feb 22, 2005 - The California economy is expanding at a healthy pace in early 2005, as evidenced by real estate construction, exports, company reports of sales and profits, and business-related tax receipts. The one area of concern remains jobs, which are lagging due to intense focus on cost cutting and efficiencies.
https://lao.ca.gov/Publications/Detail/1232

2005-06 Budget: Perspectives and Issues [Publication Details]

Feb 22, 2005 - The Legislature has an important budget opportunity. We project that revenues are $2.2 billion higher (for the current and budget years combined) than reflected in the Governor's budget. This, combined with the magnitude of ongoing solutions proposed in the budget plan, would result in a balanced 2005-06 budget with a solid reserve. However, the price of inaction is significant.
https://lao.ca.gov/Publications/Detail/1230

Water Policy Issues Facing the State [Publication Details]

Feb 22, 2005 - Two of the most important water policy issues facing the state today are how to address what has been characterized by the administration as a “crisis” in flood management and how to finance the $8.1 billion CALFED Bay-Delta Program (CALFED).
https://lao.ca.gov/Publications/Detail/1226

State Fiscal Picture 2005-06 [Publication Details]

Feb 22, 2005 - We project that revenues are $2.2 billion higher (for the current and budget years combined) than reflected in the Governor's budget. This, combined with the magnitude of ongoing solutions proposed in the budget plan, would result in a balanced 2005-06 budget with a solid reserve.
https://lao.ca.gov/Publications/Detail/1231

An Overview of State Expenditures 2005-06 [Publication Details]

Feb 22, 2005 - The budget proposes total state expenditures of $109 billion in 2005-06. This includes $85.7 billion from the General Fund (up 4.2 percent from the current year) and $23.3 billion from special funds (up 5.3 percent from the current year).
https://lao.ca.gov/Publications/Detail/1235

Perspectives on State Revenues 2005-06 [Publication Details]

Feb 22, 2005 - The current strength in the economy is translating into solid growth in receipts from the state's taxes—particularly the corporate tax and personal income tax. Recent cash receipts trends have been even stronger than anticipated in the Governor's budget, mainly because of strong 2004 year-end collections from the personal income tax and corporation tax.
https://lao.ca.gov/Publications/Detail/1233

The Impact of SB 740 on California’s Nonclassroom-Based Charter Schools (RAND Corporation) [Publication Details]

Feb 16, 2005 - RAND found that the state’s funding determination process had reduced nonclass-room-based charter schools’ possible misuse of funds. The process also resulted in non-classroom-based schools increasing spending on instruction and teacher compensation.
https://lao.ca.gov/Publications/Detail/1288

Proposition 98 Primer [Publication Details]

Feb 8, 2005 - Proposition 98 Primer [Publication Details] HTML Description: Proposition 98 is a complex formula for setting a minimum annual funding level for K-12 schools and community colleges. This primer is intended to assist the Legislature in understanding the basic "mechanics" of the proposition and showing how it has affected school spending since its passage in 1988.
https://lao.ca.gov/Publications/Detail/1220