The 2023-24 Budget: Overview of Information Security Proposals

Mar 23, 2023 - We recommend the Legislature require CDT and DOF to provide these options by the end of the calendar year to inform the 2024-25 budget process. Consider Phasing in Number of Positions for Larger IS Proposals.
https://lao.ca.gov/Publications/Report/4748

The 2023-24 Budget: Broadband Infrastructure

Mar 20, 2023 - Middle ‑mile network architecture decisions and final contract awards are expected within the calendar year. Last ‑mile project grant rounds are opening midyear, ending with awards early next year. Project financing through the Broadband Loan Loss Reserve Fund also is expected in 2023 ‑24.
https://lao.ca.gov/Publications/Report/4747

The 2023-24 Budget: Overview of Information Technology Project Proposals

Mar 17, 2023 - We also recommend the Legislature request this report no later than April 1, 2024 to inform the 2024-25 budget process. Direct CDT and DOF to Work With Legislature on Oversight of Enterprise Modernization Efforts and Projects Using Agile Approach.
https://lao.ca.gov/Publications/Report/4746

Districts' Pension Contribution Rates and Amounts [EdBudget]

Mar 16, 2023 - Share of contributions from schools and community colleges through 2023-24 are based on the split of payroll from CalSTRS' creditable compensation reports. Thereafter, we assume the 2022-23 share is constant.
https://lao.ca.gov/Education/EdBudget/Details/715

Contributions to CalSTRS [EdBudget]

Mar 16, 2023 - Rates and contribution amounts for 2023-24 and subsequent years are estimates and will be updated based on actual teacher payroll and investment returns, among other factors. b Reflects effective rates for school districts and community college districts.
https://lao.ca.gov/Education/EdBudget/Details/714

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - The 2022-23 budget included an additional $120 million for a second year of grants. The Governor ’s budget proposes to provide $120 million for a third year of grants in 2023-24. Program Statistics Awards Increased in 2021-22.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

The 2023-24 Budget: State and Federal One-Time K-12 Funding [Publication Details]

Mar 10, 2023 - In this post, we describe the recent one-time state and federal funding that can be used flexibly by schools, discuss reporting requirements, and share the latest information regarding how much funding remains unspent. Correction (3/14/23): Reporting requirements in Figure 3 have been corrected.
https://lao.ca.gov/Publications/Detail/4734

The 2023-24 Budget: State and Federal One-Time K-12 Funding

Mar 10, 2023 - Figure 3 Reporting Requirements for State Programs Name Learning Recovery Emergency Block Grant December 2024 and December  2027. September 2029. a Quarterly reports for spending of federal funds. December 2024.
https://lao.ca.gov/Publications/Report/4734

The 2023-24 Budget: Proposed Energy Policy Changes

Mar 10, 2023 - Senate Bill  846 also included legislative intent to provide a total of $1  billion General Fund from 2023 ‑24 through 2025 ‑26 —$100  million in 2023 ‑24, $400  million in 2024 ‑25, and $500  million in 2025 ‑ 26 —to support the CERIP, which CEC recently developed.
https://lao.ca.gov/Publications/Report/4735

The 2023-24 Budget: Student Housing

Mar 9, 2023 - The Governor also proposes to delay the launch of the California Student Housing Revolving Loan Program by one year —pushing back the start from 2023 ‑24 to 2024 ‑25. Additionally, rather than providing program funds of $900  million the first year and another $900  million the following year, the Governor
https://lao.ca.gov/Publications/Report/4733