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[PDF] 2001-02 Budget Conference Committee

For example, the Senate added general purpose money for school districts by altering the "Public Employees' Retirement System reduction" amount while the Assembly provided equalization funding. ! With regard to the Governor's proposal on longer school year for middle grades, the Senate set aside $65 million pending enactment of legislation whereas the Assembly rejected the proposal. !
https://lao.ca.gov/2001/budget_packets/060301_conference_ov.pdf

[PDF] 2001-02 Budget Bill Conference Committee Version

This is $371, or 5.6 percent, above the revised 2000-01 level. þ The Conference Committee version also: • Eliminates the Governor's proposal for a longer middle school year. • Funds a new grant program for low-performing schools (details to be finalized in legislation). • Consolidates existing desegregation and Economic Impact Aid programs into a new block grant targeted at pupils in need of additional academic help.
https://lao.ca.gov/2001/budget_packets/062601_conference_floor.pdf

Improving CalWORKs Program Effectiveness: Changing the Employment Services Budget Process

Effective July 2000, counties may expend up to 25 percent of their incentive funds on families not eligible for CalWORKs but with incomes below 200 percent of the federal poverty guideline. We note that the Governor's budget proposes no appropriation for performance incentives, however, counties retain balances in excess of $1 billion.
https://lao.ca.gov/2001/calworks/021401_calworks.html

[PDF] California's Fiscal Outlook: LAO Projections 2001-02 Through 2006-07

Key Forecast Factors The single largest factor behind the drop in PIT receipts in the cur- rent year is the dramatic decline in capital gains and stock options. As shown in Figure 3, income related to these sources soared from $25 billion in 1994 to over $200 billion in 2000.
https://lao.ca.gov/2001/fisc_outlook/fiscal_outlook_2001.pdf

Fiscal Oulook 2001, Chapter 3

Revenues in both 2000-01 and 2001-02 are affected by the one-quarter cent "trigger " reduction in the SUT rate that occurred for calendar year 2001. This reduction lowered revenues by about $500  million in 2000-01 and $600  million in 2001-02.
https://lao.ca.gov/2001/fisc_outlook/fiscal_outlook_2001_ch3.html

[PDF] Overview of the 2001-02 May Revision

As shown in Figure 1, this is due to the combination of a net two-year reduction of $4.2 billion in revenues and a net two-year increase of $1.5 billion in the January plan’s spending requirements. The expenditure increases are due to higher retirement costs, legal settlements, energy costs, and prior-year Proposi- tion 98 requirements.
https://lao.ca.gov/2001/may_revision/0501_may_revision.pdf

Improving Academic Preparation For Higher Education

Of all CSU regularly admitted first-time freshmen in fall 1998 who needed remediation, more than 20 percent had not completed their precoll egiate courses within one calendar year. Of the students not completing precollegiate course work within the allotted time, approximately one-third were administratively disenrolled, one-third left voluntarily, and one-th ird
https://lao.ca.gov/2001/remediation/020801_remediation.html

Supplemental Report Of The 2001 Budget Act 2001-02 Fiscal Year

It is the intent of the Legislature that the Board of Prison Terms shall report to the Joint Legislative Budget Committee no later than March 31, 2002 on the number and outcome of all parole hearings for calendar year 2001.
https://lao.ca.gov/2001/supp_report/073001_supp_rpt.htm

California's Tax System: A Primer, Chapter 1

In 1995-96 (the last year for which comprehensive data are available), over $150 billion was spent annually t o provide public services to California's residents and businesses. Of this total, about $30 billion came from the federal government while the remaining $120 billion was financed through own-source state and local government revenues.
https://lao.ca.gov/2001/tax_primer/0101_taxprimer_Chapter1.html