Policy Brief: Reversing the Property Tax Shifts

Would the Proposal Affect Schools, State Costs, or Taxes? Figure 6 illustrates how each of the proposals affects state taxation, public school funding, and funding for nonschool state programs. The Top Brackets option, for example, increases state taxes over the levels specified in current law and provides these funds to local agencies.
https://lao.ca.gov/1996/040296_prop_tax_shifts/pb040296.html

Bond Debt Update

Current and Projected Debt Levels The state's debt service costs in the current fiscal year are about $2.3 billion, or about 5.1 percent of estimated General Fund revenues for 1995-96. This percentage is referred to as the state's debt ratio.
https://lao.ca.gov/1996/051996_bond_debt/pb051996.html

Overview of the 1996-97 May Revision

This has resulted in a commensurate increase in state costs in the current and budget years. The revised budget plan assumes that federal actions will be taken which will enable the state to achieve about $1.2 billion in budget savings in 1996-97 (see Figure 3 on page 4).
https://lao.ca.gov/1996/052496_may_revision/pb052496.html

Supplemental Report 1996-97 Fiscal Year

A state entity not using a telecommunications service offered by the DGS shall not be required to acquire such service from the department unless such usage has been determined to satisfy the state entity's stated service requirements and, also, to be at least as cost-effective as the alternative favored by the state entity requiring telecommunications serv ice.
https://lao.ca.gov/1996/070796_sup_report/1996_supplemental_report2.html

Supplemental Report 1996-97 Fiscal Year

The report shall describe the long-term cost and benefits of implementing each option, i ncluding the expected long-term revenues to the state. The report shall also evaluate the efficacy of each option in accomplishing each of the following objectives: Maximize long-term contributions to cost-of-living increases to pensions for retired teachers.
https://lao.ca.gov/1996/070796_sup_report/1996_supplemental_report4.html

Supplemental Report 1996-97 Fiscal Year

The report shall include consideration of contracting with the pr ivate sector and state control agencies that routinely perform fiscal and program audit functions, such as the Bureau of State Audits or the State Controller's Office.
https://lao.ca.gov/1996/070796_sup_report/1996_supplemental_report5.html

Supplemental Report 1996-97 Fiscal Year

It is the intent of the Legislature that the Legislative Analyst report in its Analysis of the 1997-98 Budget Bill if it determines the CSU has not observed legislative intent as stated above. Item 6610-001-0001--California State University 1.
https://lao.ca.gov/1996/070796_sup_report/1996_supplemental_report7.html

Supplemental Report 1996-97 Fiscal Year

These are (a) the state should have immediate priority to further develop ment of the land it already owns east and south of Capitol Park to ensure that the Capitol is not left on the fringe of downtown Sacramento, (b) the Sacramento Central Business Dis trict should receive the second priority, (c) state offices should be located outside of these areas in cases
https://lao.ca.gov/1996/070796_sup_report/1996_supplemental_report9.html

Major Features of the 1996 California Budget

State COLA. Budget legislation extends the suspension of the state COLA for one year. Prior law would have resumed the state COLA, which--because of the interaction with the federal COLA--woul d have resulted in a state savings.
https://lao.ca.gov/1996/071096_bud_major_features/pb71096.html

^[PDF] Major Features of the 1996 California Budget Budget Brief

State COLA. Budget legislation extends the suspen- sion of the state COLA for one year. Prior law would have resumed the state COLA, which—because of the interaction with the federal COLA—would have re- sulted in a state savings.
https://lao.ca.gov/1996/071096_bud_major_features/pb71096.pdf