A Primer: Assembly Constitutional Amendment 11 [Publication Details]

Feb 5, 2003 - Assembly Constitutional Amendment 11, which will appear on the March 2004 statewide ballot, would establish the California Twenty-First Century Infrastructure Investment Fund, a dedicated financing source for state and local infrastructure projects. We provide background on state capital outlay planning and funding, explain how the measure works, and describe the measure's potential fiscal impact.
https://lao.ca.gov/Publications/Detail/926

Get $mart: Reforming the State’s Equipment Financing Program [Publication Details]

Jan 28, 2003 - The Department of General Services' (DGS) GS $Mart Program has been used to finance $521 million in state equipment purchases over the past seven years. We find that DGS has demonstrated initiative in developing this innovative program but that the program has significant deficiencies, including a lack of statutory authority.
https://lao.ca.gov/Publications/Detail/923

Lease-Leaseback Transactions by Public Transit Districts--Sales and Use Tax Exemption [Publication Details]

Jan 28, 2003 - The Sales and Use Tax exclusion granted through Chapter 592 is scheduled to sunset on January 1, 2004. Based on our examination of the impact of this exemption on state and local governments, we believe that a strong case can be made for removing the sunset and allowing the exclusion to continue
https://lao.ca.gov/Publications/Detail/921

Overview of the 2003-04 Governor's Budget [Publication Details]

Jan 15, 2003 - On January 10, the Governor released a plan for addressing his projected $34.6 billion General Fund budget shortfall. Although this shortfall estimate and the level of required solutions is somewhat overstated, the problem is still enormous. The Legislature faces a formidable task in carefully evaluating the plan's individual elements and the many important policy issues it raises.
https://lao.ca.gov/Publications/Detail/919

Analysis of Mid-Year Budget Proposal [Publication Details]

Dec 16, 2002 - The Governor recently released his current-year plan for partially addressing the state's enormous budget shortfall. The plan calls for $10.2 billion in budgetary reductions and adjustments. We discuss the Governor's proposal, consider its general viability, and identify additional options available to the Legislature.
https://lao.ca.gov/Publications/Detail/917

Cal Facts: California's Economy and Budget in Perspective-2002 [Publication Details]

Dec 2, 2002 - These "snapshots" of information provide a broad overview of public finance and program trends in the state. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/914

LAO Recommended Legislation [Publication Details]

Dec 2, 2002 - LAO Recommended Legislation [Publication Details] HTML Description: The role of the Legislative Analyst's Office is to review state programs and make recommendations to the Legislature as to how the state can operate more effectively and efficiently.
https://lao.ca.gov/Publications/Detail/915

California's Fiscal Outlook: LAO Projections, 2002-03 Through 2007-08 [Publication Details]

Nov 14, 2002 - Beyond the Budget Year: Over the longer term, the state will face annual operating deficits of between roughly $12 billion and $16 billion per year. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/913

Providing Health Insurance for State Employees and Retirees: The $2 Billion Question [Publication Details]

Nov 6, 2002 - Providing Health Insurance for State Employees and Retirees: The $2 Billion Question [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/911

California Spending Plan 2002-03: The Budget Act and Related Legislation [Publication Details]

Sep 27, 2002 - California Spending Plan 2002-03: The Budget Act and Related Legislation [Publication Details] Description: In this report, we discuss the factors underlying the major fiscal challenge facing the state in 2002-03, describe the key actions taken to address the shortfall, and provide detail on the adopted budget package.
https://lao.ca.gov/Publications/Detail/908